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If you purchased shares of SolarWinds Inc (NYSE:SWI) and currently hold any of those NYSE:SWI shares, you have certain options and you should contact the Shareholders Foundation, Inc.
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To have your information reviewed for options and to receive notifications about this investigation, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.
Investigation Overview
October 26, 2015 (Shareholders Foundation) - An investigation on behalf of investors, who currently hold shares of SolarWinds Inc (NYSE:SWI), was announced concerning whether the takeover of SolarWinds Inc by Silver Lake Partners and Thoma Bravo, LLC for $60.10 per share is unfair to NYSE:SWI stockholders.
The investigation by a law firm concerns whether certain officers and directors of SolarWinds Inc breached their fiduciary duties owed to NYSE:SWI investors in connection with the proposed acquisition.
On October 21, 2015 SolarWinds Inc (NYSE:SWI) announced that it has entered into an agreement to be acquired by private equity technology investment firms Silver Lake Partners and Thoma Bravo, LLC. Under the terms of the agreement,SolarWinds Inc (NYSE:SW) stockholders will receive $60.10 per share or approximately $4.5 billion in cash.
However, the investigation concerns whether the offer is unfair to NYSE:SWI stockholders. More specifically, the investigation concerns whether the SolarWinds 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.
SolarWinds Inc reported that its annual Total Revenue rose from $198.36 million in 2011 to $428.71 million in 2014.
