SHAREHOLDER ALERT: Brower Piven Launches An Investigation Into The Proposed Sale Of Concur Technologies, Inc. And Encourages ...
September 26 2014 - 8:30PM
Business Wire
The securities litigation law firm of Brower Piven, A
Professional Corporation, has commenced an investigation into
possible breaches of fiduciary duty and other violations of state
law by the Board of Directors of Concur Technologies, Inc.
(“Concur” or the “Company”) (NASDAQ: CNQR) relating to the proposed
buyout of the Company by SAP America, Inc. (“SAP America”).
Under the terms of the transaction, Concur shareholders are
anticipated to receive $129 in cash for each share of Concur common
stock they own. The firm’s investigation seeks to determine, among
other things, whether the Company’s Board of Directors breached
their fiduciary duties by failing to maximize shareholder value
before agreeing to enter into the transaction, and whether SAP
America is underpaying for Concur shares.
If you currently own common stock of Concur and would like to
learn more about the investigation being conducted by Brower Piven,
without cost or obligation to you, please visit our website at
http://www.browerpiven.com/currentinvestigations.html. You may also
request more information by contacting Brower Piven either by email
at hoffman@browerpiven.com or by telephone at (410) 415-6616.
Attorneys at Brower Piven have extensive experience in
litigating securities and other class action cases and have been
advocating for the rights of shareholders since the 1980s.
Brower Piven, A Professional Corporation1925 Old Valley
RoadStevenson, Maryland 21153Charles J. Piven,
410-415-6616hoffman@browerpiven.com
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