Faruqi & Faruqi, LLP is Seeking More Cash for the Shareholders of BMC Software Inc. (BMC)
Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of BMC Software Inc. (“BMC” or the “Company”) (NASDAQ: BMC) for potential breaches of fiduciary duties in connection with their conduct related to the sale of the Company to a private investor group led by Bain Capital and Golden Gate Capital with GIC Special Investments Pte Ltd and Insight Venture Partners in a deal valued at approxiamately $6.9 billion. Under the terms of the proposed transaction, BMC’s stockholders will receive $46.25 for each share of BMC common stock they own, while according to Yahoo! Finance, at least one financial analyst has set a price target of $52.00 for BMC.
The investigation focuses on whether BMC’s Board of Directors breached their fiduciary duties to the Company’s stockholders by failing to conduct an adequate and fair sales process prior to agreeing to this proposed transaction, whether and by how much this proposed transaction undervalues the Company to the detriment of BMC’s shareholders.
If you own common stock in BMC and wish to obtain additional information and protect your investments free of charge, please contact Juan E. Monteverde, Esq. either via e-mail at email@example.com or by telephone at (877) 247-4292 or (212) 983-9330.
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Faruqi & Faruqi, LLP
685 Third Avenue 26th Floor
New York, NY 10017
Tel: (212) 983-9330
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