Cases
Nimble Storage, Inc. (NYSE: NMBL)
Merger
Overview
Overview
- Date:
- 3/24/2017
- Company Name:
- Nimble Storage, Inc.
- Stock Symbol:
- NMBL
- Company Name - Buyer:
- Hewlett Packard Enterprise Company
- Status:
- Closed/Complete
- Merger Announcement Date:
- 3/6/2017
- Court:
- U.S. District Court: Northern California
Bragar Eagel & Squire, P.C. announces that a class action lawsuit has been filed in the United States District Court for the District of Delaware on behalf of all persons or entities who held Nimble Storage, Inc. (NYSE: NMBL) securities on March 21, 2017 (the “Class Period”).
On March 6, 2017, the two parties announced the signing of a definitive merger agreement pursuant to which Hewlett Packard Enterprise Company will acquire Nimble Storage in a deal worth $1.09 billion. As a result of the merger, Nimble Storage shareholders are only anticipated to receive $12.50 in cash for each share of Neuster common stock.
The Complaint alleges that the Company failed to conduct a fair sales process and failed to disclose all material information regarding the sale of the Company.
If you held Nimble Storage securities during the Class Period, 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 A. Fortunato, Esq. 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.
On March 6, 2017, the two parties announced the signing of a definitive merger agreement pursuant to which Hewlett Packard Enterprise Company will acquire Nimble Storage in a deal worth $1.09 billion. As a result of the merger, Nimble Storage shareholders are only anticipated to receive $12.50 in cash for each share of Neuster common stock.
The Complaint alleges that the Company failed to conduct a fair sales process and failed to disclose all material information regarding the sale of the Company.
If you held Nimble Storage securities during the Class Period, 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 A. Fortunato, Esq. 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.