To: All Persons or Entities who purchased Web.com Group, Inc. (“Web.com” or the “Company”) (NASDAQGS: WEB) stock prior to June 21, 2018. You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the Web.com merger. Web.com will be sold to an affiliate of Siris Capital Group, LLC for $28.00 per share. This updated purchase price follows receipt of a superior proposal from a financial bidder, Sirius agreeing to match following negotiations, and approval by the board of directors of an amended and restated merger agreement.To learn more about the action WEB merger and your rights, go to: http://www.zlk.com/mna/web-com-group-inc or contact Joseph E. Levi, Esq. either via email at email@example.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.
The Web.com merger investigation concerns whether the Board of Web.com breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Siris Capital Group, LLC is underpaying for Web.com shares, thus unlawfully harming Web.com shareholders.
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.