NEW YORK, Dec. 03, 2018 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C. reminds investors that it is investigating potential claims on behalf of stockholders of Apptio, Inc., Athenahealth, Inc., and Resolute Energy Corporation. Additional information about each potential action can be found at the link provided.
Apptio, Inc. (NASDAQ: APTI)
Buyer: Vista Equity Partners
Pursuant to the proposed transaction, announced on November 11, 2018 and valued at $1.94 billion, Apptio stockholders will receive $38.00 in cash for each share of Apptio common stock owned. The investigation focuses on whether Apptio 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.
To learn more about the Apptio investigation go to: https://bespc.com/apti/.
Athenahealth, Inc. (NASDAQ: ATHN)
Buyer: Veritas Capital and Evergreen Coast Capital
Pursuant to the proposed transaction, announced on November 12, 2018 and valued at $5.7 billion, Athenahealth stockholders will receive $135.00 in cash for each share of Athenahealth common stock owned. The investigation focuses on whether Athenahealth 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.
To learn more about the Athenahealth investigation go to: https://bespc.com/athn/.
Resolute Energy Corporation (NYSE: REN)
Buyer: Cimarex Energy Co.
Pursuant to the proposed transaction, announced on November 19, 2018 and valued at $1.6 billion, Resolute stockholders will receive $14.00 in cash and 0.2366 shares of Cimarex for each share of Resolute common stock owned. The investigation focuses on whether Resolute 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.
To learn more about the Resolute Energy investigation go to: https://bespc.com/ren/.
Bragar Eagel & Squire, P.C. is a New York-based law firm concentrating in commercial and securities litigation. For additional information about Bragar Eagel & Squire, P.C. please go to www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.
Contacts
Bragar Eagel & Squire, P.C.
Brandon Walker, Esq.
Melissa Fortunato, Esq.
(212) 308-1869
investigations@bespc.com
www.bespc.com