NEW YORK, June 13, 2019 /PRNewswire/ -- WeissLaw
LLP is investigating possible breaches of fiduciary duty and
other violations of law by the Board of Directors of Tableau
Software Inc. ("DATA" or the "Company") (NYSE: DATA) in connection
with the proposed acquisition of the Company by Salesforce.com,
Inc. ("CRM"). Under the terms of the agreement, DATA
shareholders will receive 1.03 shares of CRM for each DATA share
they own, representing consideration of $155.85 based on CRM's June 12 opening price.
If you are a shareholder of DATA who wishes to
discuss the investigation or have any questions about this notice
and your rights or interests, please contact:
Joshua Rubin,
Esq.
WeissLaw LLP
1500 Broadway, 16th Floor
New York, NY 10036
(212) 682-3025
(888)593-4771
stockinfo@weisslawllp.com
Or visit our website
http://www.weisslawllp.com/tableau-software-inc/
Or follow us on Twitter
@MarketsAlert
WeissLaw is investigating whether DATA's Board acted to maximize
shareholder value prior to entering into the agreement.
Notably, at least one analyst set a target price of $160, or $4.15
above the per share consideration. Additionally, according to
the acquisition announcement, the deal is expected to increase
CRM's full year revenue following the close of the deal by
approximately $350 to $400 million.
WeissLaw is also investigating whether DATA's Board conducted a
fair process in agreeing to the proposed merger, whether the
proposed merger undervalues the Company, and whether all material
information related to the proposed merger is fully and fairly
disclosed.
WeissLaw LLP has litigated hundreds of stockholder class and
derivative actions for violations of corporate and fiduciary
duties. We have recovered over a billion dollars for
defrauded clients and obtained important corporate governance
relief in many of these cases. If you have information or
would like legal advice concerning possible corporate wrongdoing
(including insider trading, waste of corporate assets, accounting
fraud, or materially misleading information), consumer fraud
(including false advertising, defective products, or other
deceptive business practices), or anti-trust violations, please
email us at stockinfo@weisslawllp.com.
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SOURCE WeissLaw LLP