Cases
Cambium Learning Group, Inc. (ABCD)
Merger
Overview
Overview
- Date:
- 10/16/2018
- Company Name:
- Cambium Learning Group, Inc.
- Stock Symbol:
- ABCD
- Company Name - Buyer:
- Veritas Capital
- Status:
- Closed/Complete
- Merger Announcement Date:
- 10/15/2018
NEW YORK, October 16, 2018 – Bragar Eagel & Squire, P.C. is investigating potential claims against the board of directors of Cambium Learning Group, Inc. (NASDAQ: ABCD)on behalf of stockholders concerning the proposed acquisition of the company by Veritas Capital.
Pursuant to the proposed transaction, announced on October 15, 2018 and valued at $685 million, Cambium stockholders will receive $14.50 in cash for each share of Cambium common stock owned. The investigation focuses on whether Cambium and its board of directors violated the federal securities laws and/or breached their fiduciary duties to the Company’s stockholders by failing to conduct a fair process and whether and by how much the proposed transaction undervalues the Company.
If you own Cambium shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 308-1869, or by filling out the contact form below. There is no cost or obligation to you.
Pursuant to the proposed transaction, announced on October 15, 2018 and valued at $685 million, Cambium stockholders will receive $14.50 in cash for each share of Cambium common stock owned. The investigation focuses on whether Cambium and its board of directors violated the federal securities laws and/or breached their fiduciary duties to the Company’s stockholders by failing to conduct a fair process and whether and by how much the proposed transaction undervalues the Company.
If you own Cambium shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 308-1869, or by filling out the contact form below. There is no cost or obligation to you.