WILMINGTON, Del.--(BUSINESS WIRE)--Rigrodsky & Long, P.A.:
- Do you own shares of CEB Inc. (NYSE: CEB)?
- Did you purchase any of your shares prior to January 5, 2017?
- Do you think the proposed buyout value is too low?
- Do you want to discuss your rights?
Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of CEB Inc. (“CEB” or the “Company”) (NYSE: CEB) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by Gartner, Inc. (“Gartner”) (NYSE: IT), in a transaction valued at approximately $3.3 billion.
Click here to learn more: http://rigrodskylong.com/investigations/ceb-inc-ceb.
Under the terms of the agreement, shareholders of CEB will receive $54.00 in cash and 0.2284 shares of Gartner common stock for each share of CEB common stock. Based on Gartner’s closing stock price on January 4, 2017, CEB shareholders would have received compensation valued at approximately $77.25 per share.
The investigation concerns whether CEB’s board of directors failed to adequately shop the Company and obtain the best possible value for CEB shareholders before entering into an agreement with Gartner.
If you own the common stock of CEB and purchased your shares before January 5, 2017, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 2 Righter Parkway, Suite 120, Wilmington, DE 19803, by telephone at (888) 969-4242; by e-mail to email@example.com, or at: http://rigrodskylong.com/investigations/ceb-inc-ceb.
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, on behalf of shareholders in states and federal courts throughout the United States.
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