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ConvergeOne Holdings, Inc. (CVON)

Merger

Overview
  • Date:
  • 11/9/2018
  • Company Name:
  • ConvergeOne Holdings, Inc.
  • Stock Symbol:
  • CVON
  • Company Name - Buyer:
  • CVC Fund VII
  • Status:
  • Closed/Complete
  • Merger Announcement Date:
  • 11/6/2018

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NEW YORK, November 9, 2018 – Bragar Eagel & Squire, P.C. is investigating potential claims against the board of directors of ConvergeOne Holdings, Inc. (NASDAQ: CVON) on behalf of stockholders concerning the proposed acquisition of the company by CVC Fund VII.

Pursuant to the proposed transaction, announced on November 6, 2018 and valued at $1.8 billion, ConvergeOne stockholders will receive $12.50 in cash for each share of ConvergeOne common stock owned.  The investigation focuses on whether ConvergeOne 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 ConvergeOne 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) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.

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