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Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Medidata Solutions, Inc. (“Medidata” or the “Company”) (NASDAQGS: MDSO) to Dassault Systèmes . Under the terms of the deal, stockholders of Medidata will receive $ 92.25 in cash for each share of Medidata they hold.
The Medidata merger investigation concerns whether the Board of Medidata breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Dassault Systèmes is underpaying for Medidata shares, thus unlawfully harming Medidata shareholders.
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