NEW YORK--(BUSINESS WIRE)--Kirby McInerney LLP is investigating potential claims against Move, Inc. (“Move” or the “Company”) (NASDAQ:MOVE) concerning the proposed acquisition of the Company by News Corporation (“News Corp”) (NASDAQ: NWS). Under the terms of the merger agreement, Move stockholders will receive $21.00 in cash for each share of Move common stock they own, valuing the transaction at approximately $950 million.
The investigation concerns whether the Move Board of Directors violated its fiduciary duties by agreeing to the proposed transaction and whether the proposed consideration adequately values the Company’s common stock.
If you are a Move stockholder and wish to obtain additional information, please contact J. Brandon Walker, Esq. by email at firstname.lastname@example.org, or telephone at (212) 699-1145, Melissa Fortunato, Esq. by email at email@example.com, or telephone at (212) 699-1141, or toll free at (888) 529-4787, or by filling out this contact form. There is no cost or obligation to you.
Kirby McInerney LLP is a New York-based law firm concentrating in securities, whistleblower, antitrust and consumer litigation. For additional information, please go to www.kmllp.com.