Cases
BroadSoft, Inc. (BSFT)
Securities Class Action
Overview
Overview
- Date:
- 10/24/2017
- Company Name:
- BroadSoft, Inc.
- Stock Symbol:
- BSFT
- Company Name - Buyer:
- Cisco Systems, Inc.
- Stock Symbol - Buyer:
- CSCO
- Status:
- Closed/Complete
NEW YORK, October 24, 2017 – Bragar Eagel & Squire, P.C. is investigating potential claims on behalf of BroadSoft, Inc. (NYSE: BSFT) stockholders concerning the proposed acquisition of the company by Cisco Systems, Inc. (NASDAQ: CSCO).
Our investigation concerns whether BroadSoft’s board of directors failed to adequately shop the Company and obtain the best possible value for BSFT stockholders before entering into a definitive merger agreement with Cisco. Under the terms of the agreement, BSFT unitholders will receive $55 per share, in cash, in exchange for each share of BroadSoft.
If you own BroadSoft shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.
Our investigation concerns whether BroadSoft’s board of directors failed to adequately shop the Company and obtain the best possible value for BSFT stockholders before entering into a definitive merger agreement with Cisco. Under the terms of the agreement, BSFT unitholders will receive $55 per share, in cash, in exchange for each share of BroadSoft.
If you own BroadSoft shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.