NEW YORK, Oct. 1, 2014 /PRNewswire/ -- Morgan & Morgan announces that it is investigating potential legal claims against the board of directors of Move, Inc. ("Move" or the "Company") (NasdaqGS: MOVE) in connection with the sale of the Company to News Corp.
If you purchased Move shares, and want more information about the Move, Inc. Takeover Lawsuit, please contact Morgan & Morgan at 1(800) 732-5200 or email info@morgansecuritieslaw.com
Under the terms of the merger, Move shareholders will receive $21.00 in cash for each share of Move common stock they own, valuing the transaction at approximately $950 million.
Morgan & Morgan's investigation concerns whether the board of directors of Move breached its fiduciary duties.
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Contact:
Morgan & Morgan
Peter Safirstein, Esq.
28 West 44th Street
Suite 2001
New York, NY 10036
1-800-732-5200
info@morgansecuritieslaw.com
SOURCE Morgan & Morgan
