Cases
Investment Technology Group, Inc. (ITG)
Merger
Overview
Overview
- Date:
- 11/7/2018
- Company Name:
- Investment Technology Group, Inc.
- Stock Symbol:
- ITG
- Company Name - Buyer:
- Virtu Financial, Inc.
- Status:
- Closed/Complete
- Merger Announcement Date:
- 11/7/2018
NEW YORK, November 7, 2018 – Bragar Eagel & Squire, P.C. is investigating potential claims against the board of directors of Investment Technology Group, Inc. (NASDAQ: ITG) on behalf of stockholders concerning the proposed acquisition of the company by Virtu Financial, Inc.
Pursuant to the proposed transaction, announced on November 7, 2018, Investment Technology stockholders will receive $30.30 in cash for each share of Investment Technology common stock owned. The investigation focuses on whether Investment Technology and its board of directors violated the federal securities laws and/or breached their fiduciary duties to the Company’s stockholders by failing to conduct a fair process and whether and by how much the proposed transaction undervalues the Company.
If you own Investment Technology 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.
Pursuant to the proposed transaction, announced on November 7, 2018, Investment Technology stockholders will receive $30.30 in cash for each share of Investment Technology common stock owned. The investigation focuses on whether Investment Technology and its board of directors violated the federal securities laws and/or breached their fiduciary duties to the Company’s stockholders by failing to conduct a fair process and whether and by how much the proposed transaction undervalues the Company.
If you own Investment Technology 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.