The law firm of Wohl & Fruchter LLP is investigating the acquisition of Harris Interactive Inc. (Harris) (Nasdaq:HPOL) by Nielsen Holdings N.V. (Nielsen).

On November 25, 2013, Harris announced that it had entered into an agreement to be acquired by Nielsen for $2 per share in cash. Under the terms of the merger agreement, Nielsen will commence a tender offer to acquire all of the outstanding shares of Harris common stock through a wholly owned subsidiary formed for the purpose of making the offer.

The price being paid by Nielsen is nearly 4% below the $2.08 per share at which the shares of Harris closed on Friday, November 22, 2013.

Additionally, under the agreement, Harris is subject to a “no-shop” restriction on its ability to solicit alternative acquisition proposals, and to provide information to and engage in discussions with third parties.

Wohl & Fruchter’s investigation concerns the adequacy of the consideration being paid to HPOL shareholders, and whether the board of directors of Harris breached their fiduciary duties to HPOL shareholders by failing to adequately shop the company.

Persons with relevant information, and HPOL shareholders with questions about this investigation, are invited to contact our Firm by calling 866.833.6245, or contacting the attorney below.

Additional information, including a copy of the Form 8-K filed by Harris announcing the transaction, is available at http://www.wohlfruchter.com/cases/hpol.

About Wohl & Fruchter

Wohl & Fruchter LLP represents plaintiffs in litigation arising from fraud and other fiduciary breaches by corporate managers, as well as other complex litigation matters. Please visit our website, www.wohlfruchter.com, to learn more about our Firm, or contact one of our partners.

This release may be deemed to constitute attorney advertising.

Wohl & Fruchter LLPJ. Elazar Fruchter, 845-425-4658jfruchter@wohlfruchter.comwww.wohlfruchter.com

Harris Interactive, Inc. (MM) (NASDAQ:HPOL)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Harris Interactive, Inc. (MM) Charts.
Harris Interactive, Inc. (MM) (NASDAQ:HPOL)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Harris Interactive, Inc. (MM) Charts.