Harwood Feffer LLP Announces Investigation of CEB Inc.
Jan 5, 2017
NEW YORK, Jan. 5, 2017 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of CEB Inc. ("CEB" or the "Company") (NYSE: CEB) concerning the proposed acquisition of the Company by Gartner, Inc. ("Gartner").
Under the terms of the offer, Gartner would acquire CEB in a transaction valued at approximately $2.6 billion. Pursuant to the terms of the transaction, CEB shareholders would receive $54.00 in cash and 0.2284 shares of Gartner common stock, a combined value of approximately $74.00 per share owned. At least one Wall Street analyst set a target price for CEB stock of $91.00 per share
Our investigation concerns whether the CEB board of directors is fulfilling its fiduciary duties, maximizing the value of the Company, disclosing all material benefits and costs, and obtaining full and fair consideration for Company stockholders.
If you own CEB shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:
Robert I. Harwood, Esq.
Benjamin I. Sachs-Michaels, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
(212)935-7400
Email: bsachsmichaels@hfesq.com
Website: http://www.hfesq.com
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Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.
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