Tableau Software, Inc.
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TABLEAU MERGER INVESTIGATION: HALPER SADEH LLP ANNOUNCES INVESTIGATION INTO WHETHER THE SALE OF TABLEAU SOFTWARE, INC. IS FAIR TO SHAREHOLDERS – DATA
June 12, 2019.
New York, New York—Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Tableau Software, Inc. (“Tableau” or the “Company”) (NYSE: DATA) to Salesforce.Com, Inc. (“Salesforce”) is fair to Tableau shareholders. On behalf of Tableau shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
On June 10, 2019, Deutsche Bank set a target price for Tableau at $168.99 per share. The Tableau merger investigation concerns whether Tableau and its Board of Directors violated the federal securities laws and/or their fiduciary duties to shareholders by failing to: (1) obtain the best possible price for Tableau shareholders; (2) determine whether Salesforce is underpaying for Tableau; and (3) disclose all material information necessary for Tableau shareholders to adequately assess and value the merger consideration.
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