Conversant Shareholder Alert: Buyout Of Conversant Inc. - National Securities Law Firm Seeks Higher Price For Shareholders

NEW YORK, Sept. 12, 2014 /PRNewswire/ -- Tripp Levy PLLC, a leading national securities and shareholder rights law firm, is investigating the Board of Directors of Conversant, Inc. ("Conversant" or "the Company") (NASDAQ: CNVR) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to a subsidiary of Alliance Data Systems Corporation ("ADS").

Under the terms of the transaction, Conversant shareholders may elect to receive cash, stock, or a combination of cash and stock for each share of Conversant they own, the total value of which is $35 per share. The investigation concerns whether the Board of Conversant breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether ADS is underpaying for Conversant shares.

If you are a shareholder of Conversant and would like additional information as to how the acquisition may affect your rights as a shareholder, please call us at no cost at:

Tripp Levy PLLC

New York, New York

Toll free: 800-511-7037
International: 602-241-2841
Email: [email protected] 
www.tripplevy.com

Tripp Levy PLLC represents individual and institutional shareholders and, along with its affiliates, has recovered billions of dollars for shareholders in similar actions around the globe. Tripp Levy PLLC is affiliated with the law firm Milberg LLP. Attorney advertising.  Prior results do not indicate a similar outcome.

SOURCE Tripp Levy PLLC

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