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Rentrak Corporation (RENT)

NasdqGS:RENT

Summary

Faruqi & Faruqi, LLP Announces the Investigation of Rentrak Corporation (RENT) Over the Proposed Sale of the Company to comScore, Inc.

Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Rentrak Corporation (“Rentrak” or the “Company”) (NasdaqGS:RENT) for potential breaches of fiduciary duties in connection with the sale of the Company to comScore, Inc. for approximately $800 million. 

The Company’s stockholders will only receive 1.15 shares of comScore, approximately $53.15 according to comScore’s closing share price on September 30, for each share of Rentrak they own. However, at least one analyst has set a target price of $100.00 per share and Company shares have traded at $71.89 as recently as August 4, 2015.

If you own common stock in Rentrak and wish to obtain additional information and protect your investments free of charge, please fill out the form below or contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or (212) 983-9330. 

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  • Company:
    Rentrak Corporation (RENT)
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Contact Counsel

Juan E. Monteverde
Faruqi & Faruqi, LLP
685 Third Avenue 26th Floor
New York, NY 10017
Tel: (212) 983-9330

Email:

Case Details

Date:

  • 10/01/2015

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