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Follow on Google News | Informatica Corporation investor investigation concerning buyout rumorInvestigation for investors Informatica Corporation shares over possible breaches of fiduciary duty - INFA stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com
By: Shareholders Foundation, Inc. If you are a long term investor in Informatica Corporation and currently hold those INFA shares, and/or if you have any information relating the investigation, you have certain options and you should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554. The investigation by a law firm concerns whether certain directors and officers at Informatica Corporation will breach their fiduciary duties in the event of a takeover. A media report on Dec. 23 said that Informatica Corp (INFA) may be on top of the list of Oracle Corp’s takeover targets. The media report speculated that buying Informatica would move Oracle into data integration, an area where it currently has no presence. Citing an unnamed industry analyst that "Informatica is the only third party vendor that is on Oracle's price list" the media report said “Oracle already resells Informatica's software to its clients, who require data integration programs for combing through vast databases and pulling out relevant pieces of information” Richard Davis, a software analyst at Canaccord Genuity, said that Informatica's enterprise value is 20.1 times expected 2011 earnings before interest, taxes, depreciation and amortization, which is fairly expensive, but Oracle could cut its costs significantly, so the purchase could eventually boost earnings. Shares of Informatica Corporation increased from roughly $14 in 2006 to over $45 in 2010. In addition Informatica’ Therefore the investigation by a law firm concerns whether the Informatica Board of Directors will undertake an adequate and fair sales process in the event of a takeover and whether they will breach their fiduciary duties to Informatica Corporation shareholder by agreeing to an offer that undervalues Informatica Corp and by failing to adequately shop the Company before entering into any transaction. A potential class action lawsuit would seek to maximize the amount of money and information INFA shareholders would receive in a buyout, so the law firm. Those who are long term investors in Informatica Corporation (Public, NASDAQ-INFA) # # # The Shareholders Foundation, Inc. is an investor advocacy group. We do research related to shareholder issues and inform investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. At Shareholders Foundation, Inc. we are in contact with a large number of shareholders. We believe that together we can combine the interests of many investors, and use the size of our interest as leverage against the giant corporations. We offer help, support, and assistance for every shareholder. We help investors find answers to their questions and equitable solutions to their problems. The Shareholders Foundation, Inc. is not a law firm. The information is provided as a public service. It is not intended as legal advice and should not be relied upon. End
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