The law firm of Finkelstein Thompson LLP is investigating potential claims on behalf of shareholders of The Active Network, Inc. (NYSE: ACTV) (“Active Network” or “the Company”), concerning the Company’s proposed acquisition by Vista Equity Partners. Under the terms of the merger agreement, Active Network shareholders will receive $14.50 in cash for each share of Active Network common stock they own. The total deal is valued at approximately $1.05 billion.
The investigation is focused on whether the Board breached its fiduciary duty in failing to maximize consideration to shareholders, the potential unfairness of the consideration to shareholders, the process by which Active Network’s Board of Directors considered the transaction, and potential conflicts of interest among the Company’s Board members.
If you are interested in discussing your rights as an Active Network shareholder, or have information relating to this investigation, please contact Finkelstein Thompson’s Washington, DC offices at (877) 337-1050 or (202) 337-8000, or by email at
Finkelstein Thompson LLP has spent over three decades delivering outstanding representation to institutional and individual clients in financial litigation, and has been appointed as lead or co-counsel in dozens of shareholder class actions. Indeed, the firm has served in leadership roles in cases that have recovered over $1 billion for investors and consumers.
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