NEW YORK, Sept. 28, 2015 /PRNewswire/ -- Faruqi &
Faruqi, LLP, a leading national securities firm headquartered in
New York City, is investigating
the Board of Directors of Premiere Global Services, Inc. ("Premiere
Global Services" or the "Company") (NYSE:PGI) for potential
breaches of fiduciary duties in connection with the sale of the
Company to Siris Capital Group for approximately $1 billion in a cash transaction.
The Company's stockholders will only receive $14.00 for each share of Company common stock
they own. However, the offer has no premium over the median analyst
price target of $14.00 per share
according to Yahoo!Finance.
Click here for more information: www.faruqilaw.com/PGI. There
is no cost or obligation to you.
The investigation focuses on whether Premiere Global Services
Board of Directors breached their fiduciary duties to the Company's
stockholders by failing to conduct a fair sales process and whether
and by how much this proposed transaction undervalues the Company
to the detriment of Premiere Global Services shareholders.
Faruqi & Faruqi, LLP is a national law firm which represents
investors and individuals in class action litigation. The
firm is focused on providing exemplary legal services in complex
litigation in the areas of securities, shareholder, antitrust and
consumer litigation, throughout all phases of litigation. The
firm has an experienced trial team which has achieved significant
victories on behalf of the firm's clients. To keep track of the
latest securities litigation news, follow us on Twitter at
www.twitter.com/MergerActivity or on Facebook at
www.facebook.com/FaruqiLaw.
If you own common stock in Premiere Global Services and wish to
obtain additional information and protect your investments free of
charge, please visit us at www.faruqilaw.com/PGI or contact
Juan E. Monteverde, Esq. either via
e-mail at jmonteverde@faruqilaw.com or by telephone at (877)
247-4292 or (212) 983-9330.
Contact:
Faruqi & Faruqi, LLP
369 Lexington Avenue, 10th Floor
New York, NY 10017
Attn: Juan E. Monteverde, Esq.
jmonteverde@faruqilaw.com
Toll Free: (877) 247-4292
Phone: (212) 983-9330
Attorney Advertising. (C) 2015 Faruqi & Faruqi, LLP.
The law firm responsible for this advertisement is Faruqi &
Faruqi, LLP (www.faruqilaw.com). Prior results do not
guarantee or predict a similar outcome with respect to any future
matter. We are happy to discuss your particular case.
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