Wolf Haldenstein Announces Investigation of Vocus, Inc. over the Proposed Acquisition by GTCR LLC.
09 Aprile 2014 - 1:00AM
Business Wire
Wolf Haldenstein Adler Freeman & Herz LLP is investigating
claims on behalf of investors of Vocus, Inc. (“Vocus” or the
“Company”) (NASDAQ:VOCS) concerning the Company’s proposed
acquisition by GCTR LLC.
On April 7, 2014, Vocus announced that it had entered into a
definitive merger agreement to be acquired by GCTR for $18.00 per
share in cash. GCTR will soon commence a tender offer to acquire
all outstanding shares of the Company. The Vocus Board of Directors
approved the transaction with a unanimous vote with one director
abstaining. In addition, insiders and large shareholders have
agreed to tender their holdings representing 27.7% of outstanding
shares.
Wolf Haldenstein is investigating whether the Vocus directors
are breaching their fiduciary duties by failing to adequately shop
the Company and maximize shareholder value. If you are a
shareholder of Vocus, Inc. (NASDAQ:VOCS) and would like additional
information concerning your rights in this matter, please contact
us immediately:
Wolf Haldenstein has represented individual and institutional
investors for many years, serving as lead counsel in numerous cases
in United States federal and state courts. Please visit the Wolf
Haldenstein website (http://www.whafh.com) for more information
about the firm.
Gregory Nespole, Esquire or Gregory Stone, Director of Case
and Financial Analysis Wolf Haldenstein Adler Freeman & Herz
LLP 270 Madison Avenue New York, New York 10016 Phone
Numbers: (800) 575-0735 (212) 545-4600 (212) 545-4774
Email:
Classmember@whafh.com, nespole@whafh.com or gstone@whafh.com and please reference “LIN Media
LLC.”
Attorney Advertising. Prior results do not guarantee or predict
a similar outcome
Wolf Haldenstein Adler Freeman & Herz LLPGregory Nespole,
EsquireorGregory Stone, Director of Case and Financial
Analysis(800) 575-0735(212) 545-4600(212) 545-4774
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