|[September 30, 2013]
Active Network Shareholder Alert: Former SEC Attorney Willie Briscoe and Powers Taylor LLP Investigate Sale to Vista Equity Partners
DALLAS --(Business Wire)--
Former United States Securities and Exchange Commission attorney Willie
Briscoe and the securities litigation firm of Powers
Taylor LLP are investigating the sale of The Active Network, Inc.
("Active Network") (NYSE: ACTV) to Vista Equity Partners for
shareholders. Under the terms of the proposed agreement, valued at
approximately $1.05 billion, Active Network shareholders are only
expected to receive $14.50 in cash per share of Active Network stock
If you are an affected investor, and you want to learn more about the
lawsuit or join the action, please contact Willie Briscoe at The Briscoe
Law Firm, PLLC, (214) 239-4568, via email at WBriscoe@TheBriscoeLawFirm.com
or Zach Groover at Powers Taylor LLP, toll free (877) 728-9607 or via
email at firstname.lastname@example.org.
There is no cost or fee to you.
The Active Network sale investigation centers on whether shareholders
are receiving adequate compensation for their shares in the proposed
deal, whether the transaction properly values Active Network stock, and
whether Active Network's board attempted to obtain the highest share
price for all shareholders prior to agreeing to the deal.
Briscoe Law Firm, PLLC is a full service business litigation and
shareholder rights advocacy firm with more than 20 years of experience
in complex litigation and transactional matters.
Taylor LLP is a boutique litigation law firm that handles a variety
of complex business litigation matters, including claims of investor and
stockholder fraud, shareholder oppression, shareholder derivative suits,
and security class actions.
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