NEW YORK--(BUSINESS WIRE)--Wolf Haldenstein Adler Freeman & Herz LLP is investigating claims on behalf of investors of Vocus, Inc. (“Vocus” or the “Company”) (NASDAQ:VOCS) concerning the Company’s proposed acquisition by GCTR LLC.
On April 7, 2014, Vocus announced that it had entered into a definitive merger agreement to be acquired by GCTR for $18.00 per share in cash. GCTR will soon commence a tender offer to acquire all outstanding shares of the Company. The Vocus Board of Directors approved the transaction with a unanimous vote with one director abstaining. In addition, insiders and large shareholders have agreed to tender their holdings representing 27.7% of outstanding shares.
Wolf Haldenstein is investigating whether the Vocus directors are breaching their fiduciary duties by failing to adequately shop the Company and maximize shareholder value. If you are a shareholder of Vocus, Inc. (NASDAQ:VOCS) and would like additional information concerning your rights in this matter, please contact us immediately:
Wolf Haldenstein has represented individual and institutional investors for many years, serving as lead counsel in numerous cases in United States federal and state courts. Please visit the Wolf Haldenstein website (http://www.whafh.com) for more information about the firm.
|Gregory Nespole, Esquire|
|Gregory Stone, Director of Case and Financial Analysis|
|Wolf Haldenstein Adler Freeman & Herz LLP|
|270 Madison Avenue|
|New York, New York 10016|
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