DNB Alert: Johnson Fistel Investigates Proposed Sale of The Dun & Bradstreet Corporation; Are Shareholders Getting a Fair Deal?
SAN DIEGO, Aug. 9, 2018 /PRNewswire/ -- Shareholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of The Dun & Bradstreet Corporation (NYSE: DNB) ("Dun & Bradstreet") breached their fiduciary duties in connection with the proposed sale of the Company to an investor group (the "Investor Group") led by CC Capital, Cannae Holdings and funds affiliated with Thomas H. Lee Partners, L.P., along with a group of other investors.
On August 8, 2018, Dun & Bradstreet announced that it had signed a definitive merger agreement with the Investor Group. Under the terms of the agreement, Dun & Bradstreet shareholders will receive $145.00 in cash for each share of common stock they own.
The investigation concerns whether the Dun & Bradstreet board failed to satisfy its duties to the Company shareholders, including whether the board adequately pursued alternatives to the acquisition and whether the board obtained the best price possible for Dun & Bradstreet shares of common stock.
If you are a shareholder of Dun & Bradstreet and believe the proposed buyout price is too low or you're interested in learning more about the investigation or your legal rights and remedies, please contact lead analyst Jim Baker ([email protected]) at 619-814-4471. If emailing, please include a phone number.
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About Johnson Fistel, LLP:
Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York, and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonfistel.com. Attorney advertising. Past results do not guarantee future outcomes.
Contact:
Johnson Fistel, LLP
Jim Baker, 619-814-4471
[email protected]
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SOURCE Johnson Fistel, LLP
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