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Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Apptio, Inc. (“Apptio” or the “Company”) (NASDAQGM: APTI) to Vista Equity Partners for $38.00 per share.
The Apptio merger investigation concerns whether the Board of Apptio breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Vista Equity Partners is underpaying for Apptio shares, thus unlawfully harming Apptio shareholders.
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