WILMINGTON, Del., Nov. 2, 2015 /PRNewswire/ -- Rigrodsky & Long, P.A.:
- Do you own shares of Constant Contact, Inc. (NASDAQ GS: CTCT)?
- Did you purchase any of your shares prior to November 2, 2015?
- Do you think the proposed buyout price is too low?
- Do you want to discuss your rights?
Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Constant Contact, Inc. ("Constant Contact" or the "Company") (NASDAQ GS: CTCT) regarding possible breaches of fiduciary duties and other violations of law related to the Company's entry into an agreement to be acquired by Endurance International Group Holdings, Inc. ("Endurance International") (NASDAQ GS: EIGI), in a transaction valued at approximately $1.1 billion.
Click here to learn more: http://rigrodskylong.com/investigations/constant-contact-inc-ctct.
Under the terms of the agreement, shareholders of Constant Contact will receive $32.00 in cash for each share of Constant Contact common stock.
The investigation concerns whether Constant Contact's board of directors failed to adequately shop the Company and obtain the best possible value for Constant Contact's shareholders before entering into an agreement with Endurance International. According to Yahoo! Finance, at least one analyst has issued a price target for Constant Contact stock at $50.00 per share.
If you own the common stock of Constant Contact and purchased your shares before November 2, 2015, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 2 Righter Parkway, Suite 120, Wilmington, DE 19803, by telephone at (888) 969-4242; by e-mail to email@example.com, or at: http://rigrodskylong.com/investigations/constant-contact-inc-ctct.
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, on behalf of shareholders in states and federal courts throughout the United States.
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