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Glancy Binkow & Goldberg LLP Announces Investigation of DemandTec, Inc.


//science-technology.news-articles.net/content/2 .. lp-announces-investigation-of-demandtec-inc.html
Published in Science and Technology on Thursday, December 8th 2011 at 20:40 GMT by Market Wire   Print publication without navigation


LOS ANGELES--([ ])--Glancy Binkow & Goldberg LLP announces that it is investigating potential claims against the Board of Directors of DemandTec, Inc. (aDemandTeca or the aCompanya) (NASDAQ:DMAN) related to the proposed acquisition of the Company to International Business Machines Corp. The transaction is valued at approximately $440 million or $13.20 per share.

The investigation concerns whether the Board of Directors of DemandTec breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into the proposed transaction, and whether the Company has disclosed all material information to shareholders about the transaction.

If you are a shareholder of DemandTec, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Louis Boyarsky, Esquire, Glancy Binkow & Goldberg LLP, 1801 Avenue of the Stars, Suite 311, Los Angeles, CA 90067, by telephone at (310) 201-9150 or Toll Free at (888) 773-9224 or by email to [ shareholders@glancylaw.com ].

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.


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