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Stock impact report

COMMERCEHUB (CHUBA) SHAREHOLDER ALERT - Andrews & Springer LLC is Seeking More Cash for Shareholders of CommerceHub, Inc. - CHUBK

COMMERCEHUB (CHUBK) 
US:NASDAQ Investor Relations: ir.commercehub.com
Company Research Source: Business Wire
WILMINGTON, Del.--(BUSINESS WIRE)-- Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential breach of fiduciary duty claims against the Board of Directors of CommerceHub, Inc. (NASDAQGM: CHUBA, CHUBK) (“CommerceHub” or the “Company”) relating to the sale of the Company to affiliates of private equity firms GTCR and Sycamore Partners. On March 6, 2018, the parties announced the signing of a definitive merger agreement pursuant to which GTCR and Sycamore Partners will acquire CommerceHub in a merger worth $1.1 billion. As a result of the buyout, CommerceHub shareholders are only anticipated to receive $22.75 per share in cash in exchange for each share of CommerceHub. Andrews & Springer’s investigation so far has revealed that the consideration CommerceHub shareholders are expected to receive is inadequate. The $22 Show less Read more
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