HEARTLAND PAYMENT SYSTEMS, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout
16 Dezembro 2015 - 1:49PM
Business Wire
Rigrodsky & Long, P.A.:
- Do you own shares of Heartland
Payment Systems, Inc. (NYSE: HPY)?
- Did you purchase any of your shares
prior to December 16, 2015?
- Do you think the proposed buyout
value is too low?
- Do you want to discuss your
rights?
Rigrodsky & Long, P.A. announces that it is investigating
potential legal claims against the board of directors of Heartland
Payment Systems, Inc. (“Heartland” or the “Company”) (NYSE: HPY)
regarding possible breaches of fiduciary duties and other
violations of law related to the Company’s entry into an agreement
to be acquired by Global Payments Inc. (“Global Payments”) (NYSE:
GPN), in a transaction valued at approximately $4.3 billion.
Click here to learn more:
http://rigrodskylong.com/investigations/heartland-payment-systems-inc-hpy.
Under the terms of the agreement, shareholders of Heartland will
receive 0.6687 shares of Global Payments stock and $53.28 in cash
for each share of Heartland. Based on Global Payments’ closing
stock price on December 15, 2015, Heartland shareholders would have
received compensation valued at approximately $101.04 per
share.
The investigation concerns whether Heartland’s board of
directors failed to adequately shop the Company and obtain the best
possible value for Heartland’s shareholders before entering into an
agreement with Global Payments.
If you own the common stock of Heartland and purchased your
shares before December 16, 2015, if you have information or would
like to learn more about these claims, or if you wish to discuss
these matters or have any questions concerning this announcement or
your rights or interests with respect to these matters, please
contact Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long,
P.A., 2 Righter Parkway, Suite 120, Wilmington, DE 19803, by
telephone at (888) 969-4242; by e-mail to info@rl-legal.com, or at:
http://rigrodskylong.com/investigations/heartland-payment-systems-inc-hpy.
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware
and Garden City, New York, regularly prosecutes securities class,
derivative and direct actions, shareholder rights litigation and
corporate governance litigation, on behalf of shareholders in
states and federal courts throughout the United States.
Attorney advertising. Prior results do not guarantee a similar
outcome.
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version on businesswire.com: http://www.businesswire.com/news/home/20151216005853/en/
Rigrodsky & Long, P.A.Seth D. RigrodskyGina M.
Serra888-969-4242302-295-5310Fax:
302-654-7530info@rl-legal.comhttp://www.rigrodskylong.com
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