NEW YORK, June 13, 2016 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of LinkedIn Corporation ("LinkedIn" or the "Company") (NYSE: LNKD) concerning the proposed acquisition of the Company by Microsoft Corporation ("Microsoft").
Under the terms of the offer, Microsoft would acquire LinkedIn in a transaction valued at approximately $26.2 billion. Pursuant to the deal, LinkedIn stockholders will be offered $196.00 per share in cash. At least one Wall Street analyst has set a target price for LinkedIn shares of $225 and as recently as February, LinkedIn stock closed above $200 per share.
Our investigation concerns whether the LinkedIn board of directors is fulfilling its fiduciary duties, maximizing the value of the Company, disclosing all material benefits and costs, and obtaining full and fair consideration for Company stockholders.
If you own LinkedIn 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:
Benjamin I. Sachs-Michaels, Esq.
Robert I. Harwood, 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.
Attorney Advertising. The law firm responsible for this advertisement is Harwood Feffer LLP (www.hfesq.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter.
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