NEW YORK--(BUSINESS WIRE)--The following statement is being issued by Levi & Korsinsky, LLP:
To: All Persons or Entities who purchased MuleSoft, Inc. (“MuleSoft” or the “Company”) (NYSE: MULE) stock prior to March 20, 2018.
You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of MuleSoft to Salesforce (NYSE: CRM). Under the terms of the transaction, MuleSoft shareholders will receive $36.00 in cash and 0.0711 shares of Salesforce stock for each Class A or Class B share of MuleSoft stock they own. Based on the closing price of Salesforce stock on March 19, 2018, this represents $44.89 per share. To learn more about the action and your rights, go to:
or contact Joseph E. Levi, Esq. either via email at firstname.lastname@example.org or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.
The investigation concerns whether the Board of MuleSoft breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Salesforce is underpaying for MuleSoft shares, thus unlawfully harming MuleSoft shareholders. Insiders owning approximately 30% of MuleSoft’s outstanding shares have agreed to tender their shares.
Levi & Korsinsky is a national firm with offices in New York, Connecticut, California, and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.