Shareholders Foundation, Inc.

Acquisition of Datalink Corporation (DTLK) Under Investigation for Investors

An investigation on behalf of investors of Datalink Corporation (NASDAQ:DTLK) in connection with the proposed takeover was announced and NASDAQ:DTLK stockholders should contact the Shareholders Foundation.

 

San Diego, CA -- (SBWIRE) -- 11/15/2016 -- The acquisition of Datalink Corporation is under investigation over possible wrongdoing. The investigation was announced on behalf of investors, who currently hold NASDAQ:DTLK shares, concerning whether the takeover of Datalink Corporation by Insight Enterprises for $1.25 per share.

Investors who purchased shares of Datalink Corporation (NASDAQ:DTLK) and currently hold any of those NASDAQ:DTLK shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.

The investigation by a law firm concerns whether certain officers and directors of Datalink Corporation breached their fiduciary duties owed to NASDAQ:DTLK investors in connection with the proposed acquisition.

On November 7, 2016, Insight Enterprises (Nasdaq:NSIT) and Datalink Corporation (Nasdaq:DTLK) have entered into a merger agreement under which Insight will acquire Datalink Corporation (NASDAQ:DTLK) for $11.25 per share in cash.

However, given that NASDAQ:DTLK shares traded as high asd $15.22 per share in 2014, the investigation concerns whether the offer is unfair to NASDAQ:DTLK stockholders. More specifically, the investigation concerns whether the Datalink Board of Directors undertook an adequate sales process, adequately shopped the company before entering into the transaction, maximized shareholder value by negotiating the best price, and acted in the shareholders' best interests in connection with the proposed sale.

On November 14, 2016, NASDAQ:DTLK shares closed at $11.16 per share.

Those who are current investors in Datalink Corporation shares have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com