MERGER ALERT – CVON, INUV and REN: Levi & Korsinsky, LLP Reminds Investors of Investigations Concerning the Sale of these Companies
NEW YORK, Nov. 21, 2018 (GLOBE NEWSWIRE) -- The following statement is being issued by Levi & Korsinsky, LLP:
Levi & Korsinsky, LLP announces that investigations have commenced on behalf of shareholders of the following publicly-traded companies.
ConvergeOne Holdings, Inc. (NASDAQGM: CVON) Merger Announcement: November 6, 2018 Transaction Details: ConvergeOne Holdings will be purchased by affiliates of CVC Fund VII. Under the terms of the transaction, ConvergeOne shareholders will receive $12.50 per share.
Inuvo, Inc. (NYSE American: INUV) Merger Announcement: November 5, 2018 Transaction Details: Inuvo will be purchased by ConversionPoint Technologies, Inc. Under the terms of the transaction, Inuvo shareholders will receive $0.45 and 0.18877 shares of ConversionPoint Holdings, Inc. for each share of Inuvo stock they own; this represents an approximate value of $2.22 per share.
Resolute Energy Corporation (NYSE: REN) Merger Announcement: November 19, 2018 Transaction Details: Resolute Energy will be purchased by Cimarex Energy Co. (NYSE: XEC). Under the terms of the transaction, Resolute Energy shareholders may elect to receive either $35 in cash per share or a combination of $14 and 0.2366 shares of Cimarex common stock for each share of Resolute stock they own.
Levi & Korsinsky is a national firm with offices in New York, Connecticut, California, and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP Joseph E. Levi, Esq. jlevi@levikorsinsky.com 55 Broadway, 10th Floor New York, NY 10006 Tel: (212) 363-7500 Toll Free: (877) 363-5972 Fax: (212) 363-7171 www.zlk.com
Source: GlobeNewswire
(November 21, 2018 - 11:00 AM EST)