June 6, 2016 (Shareholders Foundation) - An investigation on behalf of investors, who currently hold shares of Demandware Inc (NYSE:DWRE), was announced concerning whether the takeover of Demandware Inc by Salesforce for $75.00 is unfair to NYSE:DWRE stockholders.

The investigation by a law firm concerns whether certain officers and directors of Demandware Inc breached their fiduciary duties owed to NYSE:DWRE investors in connection with the proposed acquisition.

On June 1, 2016, Salesforce (NYSE: CRM) and Demandware Inc (NYSE:DWRE) announced that they have entered into an agreement under which Salesforce will acquire Demandware Inc (NYSE:DWRE) in a transaction worth approximately $2.8 billion (net of cash acquired). Under the terms of the agreement, Salesforce will commence a tender offer for all outstanding shares of Demandware Inc (NYSE:DWRE) for $75.00 per share, in cash.

However, the investigation concerns whether the offer is unfair to NYSE:DWRE stockholders. More specifically, the investigation concerns whether the Demandware Board of Directors undertook an adequate sales process, adequately shopped the company before entering into the transaction, maximized shareholder value by negotiating the best price, and acted in the shareholders' best interests in connection with the proposed sale.

Demandware Inc reported that its annual Total Revenue rose from $83.28 million in 2012 to $237.28 million in 2015.

Shares of Demandware Inc (NYSE:DWRE) reached as high as $75.56 per share in July 2015.