Bull & Lifshitz, LLP announces an investigation into possible breaches of fiduciary duty in connection with the proposed sale of DemandTec, Inc. (Nasdaq: DMAN - News) (referred to as "DemandTec" or the “Company”) to International Business Machines Corporation, in a cash transaction valued at approximately $440 million, after adjusting for cash.
Under the terms of the merger agreement, DemandTec's stockholders will be entitled to receive $13.20 in cash for each share of DemandTec's common stock owned by them as of the date of the merger. The consummation of the merger is subject to certain conditions, including adoption of the merger agreement by DemandTec's stockholders.
Bull & Lifshitz, LLP's investigation is focused on whether the proposed deal provides adequate value to the Company’s shareholders.
If you are a holder of DemandTec common stock and want to discuss your legal rights, you may e-mail or call Bull & Lifshitz, LLP who will, without obligation or cost to you, attempt to answer your questions.If you are a shareholder of DemandTec and would like more information about our investigation, please contact Peter D. Bull, Esq. by telephone at (866) 313-6222 or by sending an e-mail including your contact information to: firstname.lastname@example.org. All e-mail correspondence should make reference to DemandTec. Bull & Lifshitz, LLP is a New York City-based law firm with significant experience representing investors in merger-related shareholder class actions, shareholder derivative actions, and securities fraud class actions. For more information about the firm, please visit our website at www.nyclasslaw.com. ATTORNEY ADVERTISING . © 2011 Bull & Lifshitz, LLP. The law firm responsible for this advertisement is Bull & Lifshitz, LLP, 18 East 41 st Street, New York, New York 10017, (212) 213-6222. Prior results do not guarantee or predict a similar outcome with respect to any future matter .