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TMCNet:  SHAREHOLDER ALERT: Brower Piven Announces the Investigation of Cbeyond, Inc. over the Proposed Sale of the Company to Birch Communications, Inc.

[April 21, 2014]

SHAREHOLDER ALERT: Brower Piven Announces the Investigation of Cbeyond, Inc. over the Proposed Sale of the Company to Birch Communications, Inc.

STEVENSON, Md. --(Business Wire)--

The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty to current shareholders of Cbeyond (News - Alert), Inc. ("Cbeyond" or the "Company") (NasdaqGS: CBEY) and other violations of state law by the board of directors of Cbeyond relating to the proposed buyout of the Company by Birch Communications, Inc. ("Birch").

Under the terms of the transaction, Cbeyond shareholders will receive between $9.97 and $10.00 per share in cash for each share of Cbeyond stock they own. The firm's investigation seeks to determine, among othr things, whether the Company's board of directors breached their fiduciary duties by failing to maximize shareholder value before agreeing to enter into this transaction, and whether Birch is underpaying for Cbeyond shares.


If you currently own common stock of Cbeyond and would like to learn more about the investigation being conducted by Brower Piven, without cost or obligation to you, click here: http://www.browerpiven.com/currentinvestigations.html.

You may also request more information by contacting Brower Piven either by email at hoffman@browerpiven.com or by telephone at (410) 415-6616. Attorneys at Brower Piven together have more than a century of experience litigating securities and other class action cases.


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