NEW YORK--(BUSINESS WIRE)--Levi & Korsinsky is investigating the Board of Directors of interCLICK, Inc. (“interCLICK” or the “Company”) (NASDAQ: ICLK) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Yahoo Inc. (NASDAQ: YHOO). Under the terms of the transaction, interCLICK, Inc. shareholders will receive $9 per share of interCLICK, Inc. stock they own. The transaction has a total value of approximately $270 million.
Click here to learn more about the investigation: http://www.zlk.com/interclick-iclk, or call: 877-363-5972.
The investigation concerns whether the interCLICK Board of Directors breached their fiduciary duties to interCLICK stockholders by failing to adequately shop the Company before entering into this transaction and whether Yahoo Inc. is underpaying for interCLICK shares, thus unlawfully harming interCLICK stockholders. In particular, at least one analyst set a price target of $10.00 per interCLICK share.
If you own common stock in interCLICK and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://www.zlk.com.
Levi & Korsinsky has expertise in prosecuting investor securities litigation and extensive experience in actions involving financial fraud and represents investors throughout the nation, concentrating its practice in securities and shareholder litigation. The attorneys at Levi & Korsinsky have been appointed by numerous courts throughout the country to serve as lead counsel on behalf of shareholders in major litigations involving mergers and acquisitions. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.