Cases
Control4 Corporation (CTRL)
Merger
Overview
Overview
- Date:
- 5/10/2019
- Company Name:
- Control4 Corporation
- Stock Symbol:
- CTRL
- Company Name - Buyer:
- SnapAV
- Status:
- Closed/Complete
- Merger Announcement Date:
- 5/9/2019
NEW YORK, May 10, 2019 – Bragar Eagel & Squire, P.C. is investigating potential claims against the board of directors of Control4 Corporation (NASDAQ: CTRL) on behalf of Control4 stockholders concerning the proposed acquisition of the company by SnapAV.
Pursuant to the proposed transaction, announced on May 9, 2019 and valued at $680 million, Control4 stockholders will receive $23.91 in cash for each share of Control4 common stock owned. The investigation focuses on whether Control4 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 Control4 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 May 9, 2019 and valued at $680 million, Control4 stockholders will receive $23.91 in cash for each share of Control4 common stock owned. The investigation focuses on whether Control4 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 Control4 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.