NEW YORK--(BUSINESS WIRE)--The Law Offices of Vincent Wong are investigating the Board of Directors of Epicor Software Corporation (Nasdaq: EPIC) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Apax Partners Holdings Ltd. Under the terms of the proposed deal, Epicor Software shareholders are to receive $12.50 per share in cash per share of Epicor Software for a total transaction value of $790 million.
The investigation concerns whether the Epicor Software Board of Directors breached their fiduciary duties to Epicor Software stockholders by failing to adequately shop the Company before entering into this transaction and whether Apax Partners Holdings Ltd. is underpaying for Epicor Software shares. According to Thomson/First Call, the median price target set by six analysts for Epicor Software stock is $13 per share and at least one analyst set a price target of $14 per share.
If you own common stock in Epicor Software and wish to obtain additional information, please contact Vincent Wong, Esq. either via email email@example.com, by telephone at 212.584.2740, or visit http://www.wongesq.com/epicor-software.html.
Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
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