June 26, 2017 (Shareholders Foundation) - An investigation on behalf of investors, who currently hold shares of PAREXEL International Corporation (NASDAQ:PRXL), was announced concerning whether the takeover of PAREXEL International. by Pamplona Capital Management, LLP is unfair to NASDAQ:PRXL stockholders.

The investigation by a law firm concerns whether certain officers and directors of PAREXEL International Corporation breached their fiduciary duties owed NASDAQ:PRXL investors in connection with the proposed acquisition.

On Jun. 20, 2017, PAREXEL International Corporation (NASDAQ: PRXL) and Pamplona Capital Management, LLP announced that they have entered into a definitive agreement under which Pamplona Capital Management, LLP will acquire all of the outstanding shares of PAREXEL International Corporation (NASDAQ:PRXL) for $88.10 per share in cash in a transaction valued at approximately $5.0 billion, including PAREXELs net debt.

However, given that at least one analyst has set the high target NASDAQ:PRXL shares at $90.00 per share, the investigation concerns whether the offer is unfair to NASDAQ:PRXL stockholders. More specifically, the investigation concerns whether the PAREXEL International 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.

PAREXEL International Corporation reported that its Total Revenue rose from over $2.33 billion for the 12 months period that ended on June 30, 2015 to over $2.42 billion for the 12 months period that ended on June 30, 2016 and that its Net Income increased from $147.82 million to $154.90 million.