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Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Virtusa Corporation (“Virtusa” or the “Company”) (NASDAQ: VRTU) to Baring Private Equity Asia (“BPEA”). Under the terms of the deal, BPEA will acquire all outstanding shares of common stock of Virtusa for $51.35 per share in an all-cash transaction.
The Virtusa merger investigation concerns whether the Board of Virtusa has harmed stockholders by agreeing to enter into this transaction and whether all material facts have been properly disclosed to stockholders.
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