Actionable news
All posts from Actionable news
Actionable news in SHOR: ShoreTel, Inc.,

ShoreTel (SHOR) Alert: J&W Investigates Proposed Sale of ShoreTel, Inc.; Is $7.50 a Fair Price?

On July 27, 2017, ShoreTel announced that it had signed a definitive merger agreement with Mitel. Terms of the deal call for shareholders to receive $7.50 per share for each share of ShoreTel stock they own.

The investigation concerns whether the ShoreTel board failed to satisfy its duties to the Company shareholders, including whether the board adequately pursued alternatives to the acquisition and whether the board obtained the best price possible for ShoreTel...