NEW YORK--(BUSINESS WIRE)--Kirby McInerney LLP is investigating potential claims against Saba Software, Inc. (“Saba” or the “Company”) (OTC PINK: SABA) concerning the proposed acquisition of the Company by Vector Capital (“Vector”). Under the terms of the definitive agreement, Saba stockholders will receive $9.00 in cash for each share of Saba common stock they own. However, at least one analyst’s price target for Saba stock is $17.00 per share.
The investigation concerns whether the Saba 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 Saba 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.