Harwood Feffer LLP Announces Investigation of Capella Education Company
Oct 31, 2017
NEW YORK, Oct. 31, 2017 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Capella Education Company ("Capella" or the "Company") (NASDAQ: CPLA) concerning the proposed sale of the Company to Strayer Education, Inc. ("Strayer").
Under the terms of the offer, Strayer would acquire Capella in a transaction valued at approximately $1.9 billion. Pursuant to the deal, Capella stockholders will receive of 0.875 shares of Strayer per share of Capella owned.
Our investigation concerns whether the Capella 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 Capella 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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