TIBCO SHAREHOLDERS NOTICE: Johnson & Weaver, LLP Announces Investigation Of Proposed Sale Of TIBCO Software Inc. To Vista Equity Partners

Shareholder Rights Law Firm Johnson & Weaver, LLP is investigating whether members of the board of directors of TIBCO Software Inc. (NASDAQ: TIBX) breached their fiduciary duties in connection with the planned sale of the Company to Vista Equity Partners. TIBCO provides infrastructure and business intelligence software worldwide.

On September 29, 2014, Vista Equity Partners entered into a definitive merger agreement to buy TIBCO. Under the terms of the agreement, stockholders will receive $24.00 per share in cash. The transaction is valued at approximately $4.3 billion.

The investigation concerns whether TIBCO’s board members failed to satisfy their duties to the Company’s shareholders, including whether the board adequately pursued alternatives to the acquisition and whether the board obtained the best price possible for the Company’s shares of common stock. Last year the stock traded as high as $27.15.

If you are a shareholder of TIBCO and believe the proposed buyout price is too low or you’re interested in learning more about the investigation or your legal rights and remedies, please contact lead analyst Jim Baker ( jimb@johnsonandweaver.com ) at 619-814-4471.

About Johnson & Weaver, LLP:Johnson & Weaver, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonandweaver.com. Attorney advertising. Past results do not guarantee future outcomes.

Copyright Business Wire 2010

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