Tech Data Corporation
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TECH DATA MERGER INVESTIGATION: HALPER SADEH LLP ANNOUNCES INVESTIGATION INTO WHETHER THE SALE OF TECH DATA CORPORATION IS FAIR TO SHAREHOLDERS; INVESTORS ARE ENCOURAGED TO CONTACT THE FIRM – TECD
November 13, 2019.
New York, New York—Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Tech Data Corporation (NASDAQ: TECD) to affiliates of Apollo Global Management, Inc. (“Apollo”) for $130.00 per share is fair to Tech Data shareholders. On behalf of Tech Data shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
The Tech Data merger investigation concerns whether Tech Data and its Board of Directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to: (1) obtain the best possible price for Tech Data shareholders; (2) determine whether Apollo is underpaying for Tech Data; and (3) disclose all material information necessary for Tech Data shareholders to adequately assess and value the merger consideration.
Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.
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