INFORMATICA CORP. INVESTOR ALERT: Faruqi & Faruqi, LLP Announces the Investigation of Informatica Corp., (INFA) Over the Proposed Sale of the Company to Permira Funds and Canada Pension Plan Investment Board.
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 Informatica Corp. (“Informatica” or the “Company”) (NASDAQ: INFA) for potential breaches of fiduciary duties in connection with the sale of the Company to Permira Funds (“Permira”) who has teamed with Canada Pension Plan Investment Board (“CPPIB”) in this $5.3 billion transaction. The Company’s stockholders will receive $48.75 for each share of Informatica common stock they own.
The investigation focuses on whether Informatica’s Board of Directors breached their fiduciary duties to the Company’s stockholders by failing to conduct a fair sales process and whether and by how much this proposed transaction undervalues the Company to the detriment of Informatica’s shareholders.
If you own common stock in Informatica and wish to obtain additional information and protect your investments free of charge, please contact Juan E. Monteverde, Esq. either via e-mail at firstname.lastname@example.org 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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