Harwood Feffer LLP Announces Investigation of Datalink Corporation

NEW YORK, Nov. 7, 2016 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) has commenced an investigation into the fairness of the sale of Datalink Corporation ("Datalink") (NasdaqGS: DTLK) to Insight Enterprises, Inc. ("Insight Enterprises").

Under the terms of the definitive merger agreement with Insight Enterprises, announced on November 7, 2016, Datalink's stockholders are offered $11.25 per share in cash.  The transaction implies an equity purchase price of approximately $258 million and an enterprise value of approximately $196 million (net of cash and debt acquired).  The deal is anticipated to close in the first quarter of 2017.

Minnesota-based Datalink is a premier provider of IT services and solutions.  Datalink delivers value to Fortune 1000 and public sector clients by providing complete IT solutions that include hardware, software and services to create business impact for their clients.  Datalink is Minnesota's 36th largest public company, according to Business Journal research, generating $765 million in revenue last year.  Our investigation concerns whether the Datalink's board of directors has fulfilled its fiduciary duties to Datalink's shareholders, including adequately pursuing alternatives to the acquisition and obtaining the best price possible for Datalink's shareholders.

If you own Datalink shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:

Tanya Korkhov, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
(212) 935-7400
Email: [email protected]
Website: http://www.hfesq.com

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Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm. 

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