TIBCO Shareholder Alert - Buyout Of TIBCO Software- National Securities Law Firm Seeks Higher Price For Shareholders

NEW YORK, Sept. 29, 2014 /PRNewswire/ -- Tripp Levy PLLC, a leading national securities and shareholder rights law firm, announces that it is investigating the acquisition of TIBCO Software Inc.  (NASDAQ: TIBX) ("TIBCO" or the "Company") on behalf of its' shareholders.  TIBCO announced that it has entered into a definitive agreement to be acquired by the private equity firm Vista Equity Partners.  Under the terms of the agreement, TIBCO stockholders will receive $24 per share in cash.

The investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of TIBCO for not acting in TIBCO shareholders' best interests in connection with the sale process of TIBCO.  The investigation seeks to determine if there was an adequate auction process and if Vista Equity is underpaying for TIBCO shares.  Indeed, TIBCO recently traded as high as $26.90 per share this past year.  The investigation further concerns whether the senior management may have acted in its own self interests in selling the company to Vista Equity.

If you are a shareholder of TIBCO 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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