Finjan

Fortress Affiliates Complete Their Acquisition of Finjan

Retrieved on: 
Friday, July 24, 2020

EAST PALO ALTO, Calif. and NEW YORK, July 24, 2020 (GLOBE NEWSWIRE) -- Finjan Holdings, Inc. (Finjan) (NASDAQ:FNJN) and affiliates of Fortress Investment Group LLC (such affiliates, collectively Fortress) today announced that Fortress has completed its previously announced acquisition of Finjan.

Key Points: 
  • EAST PALO ALTO, Calif. and NEW YORK, July 24, 2020 (GLOBE NEWSWIRE) -- Finjan Holdings, Inc. (Finjan) (NASDAQ:FNJN) and affiliates of Fortress Investment Group LLC (such affiliates, collectively Fortress) today announced that Fortress has completed its previously announced acquisition of Finjan.
  • As a result of the Tender Offer and merger, Finjans common stock will cease trading on the Nasdaq Capital Market.
  • Fortress Investment Group LLC is a leading, highly diversified global investment manager with approximately $41.7 billion of assets under management as of March 31, 2020.
  • Finjan has continued to grow through investments in innovation, strategic acquisitions, and partnerships promoting economic advancement and job creation.

Fortress Affiliates Complete Tender Offer for Outstanding Shares of Finjan

Retrieved on: 
Thursday, July 23, 2020

Affiliates of Fortress Investment Group LLC (such affiliates, collectively Fortress) today announced that Fortress has successfully concluded its cash tender offer to purchase all of the outstanding shares of common stock of Finjan Holdings, Inc. (NASDAQ:FNJN).

Key Points: 
  • Affiliates of Fortress Investment Group LLC (such affiliates, collectively Fortress) today announced that Fortress has successfully concluded its cash tender offer to purchase all of the outstanding shares of common stock of Finjan Holdings, Inc. (NASDAQ:FNJN).
  • As of expiration, 21,295,218 shares had been validly tendered and not withdrawn from the tender offer, representing approximately 76.5% of the outstanding shares of common stock of Finjan.
  • All of such shares have been accepted for payment in accordance with the terms of the tender offer, and Fortress expects to promptly pay for such shares.
  • Fortress will now complete a second-step merger in which any remaining shares of Finjan common stock will be converted into the right to receive an amount in cash equal to the per share price paid in the tender offer, without interest and net of withholding taxes.

Monteverde & Associates PC Files Class Action Lawsuit On Behalf Of Shareholders Of Finjan Holdings, Inc. In The Northern District Of California

Retrieved on: 
Thursday, July 2, 2020

NEW YORK, July 2, 2020 /PRNewswire/ --Notice is hereby given that Monteverde & Associates PC has filed a class action lawsuit in the United States District Court for the Northern District of California, Case No.

Key Points: 
  • NEW YORK, July 2, 2020 /PRNewswire/ --Notice is hereby given that Monteverde & Associates PC has filed a class action lawsuit in the United States District Court for the Northern District of California, Case No.
  • Under the terms of the sale, each share of Finjan common stock will be converted into the right to receive $1.55 in cash per share of Finjan common stock owned.
  • We are a national class action securities litigation law firm that has recovered millions of dollars and is committed to protecting shareholders from corporate wrongdoing.
  • Also, in 2019 we recovered or secured six cash common funds for shareholders in mergers & acquisitions class action cases.

FNJN, GRUB, and TERP SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Reminds Investors of Investigations of Mergers

Retrieved on: 
Tuesday, June 30, 2020

Shareholders of Finjan will receive $1.55 in cash for each share of Finjan owned.

Key Points: 
  • Shareholders of Finjan will receive $1.55 in cash for each share of Finjan owned.
  • To learn more about this investigation and your rights, visit: https://www.rigrodskylong.com/cases-finjan-holdings-inc .
  • Grubhub, Inc. (NYSE: GRUB ) regarding possible breaches of fiduciary duties and other violations of law related to Grubhubs agreement to be acquired by Just Eat Takeaway.com N.V. (Just Eat).
  • Shareholders of Grubhub will receive American depository receipts (ADRs), representing 0.6710 Just Eat ordinary shares for each share of Grubhub owned.

FNJN, TORC, GRUB, and WLTW SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Reminds Investors of Investigations of Mergers

Retrieved on: 
Monday, June 22, 2020

Shareholders of Finjan will receive $1.55 in cash for each share of Finjan owned.

Key Points: 
  • Shareholders of Finjan will receive $1.55 in cash for each share of Finjan owned.
  • resTORbio, Inc. (NASDAQ GS: TORC ) regarding possible breaches of fiduciary duties and other violations of law related to resTORbios agreement to merge with Adicet Bio, Inc.
  • Shareholders of Grubhub will receive American depository receipts (ADRs), representing 0.6710 Just Eat ordinary shares for each share of Grubhub owned.
  • Shareholders of Willis Towers Watson will receive 1.08 shares of Aon plc for each share of Willis Towers Watson owned.

FNJN, GRUB, TERP, and WLTW SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Reminds Investors of Investigations of Mergers

Retrieved on: 
Tuesday, June 16, 2020

Shareholders of Finjan will receive $1.55 in cash for each share of Finjan owned.

Key Points: 
  • Shareholders of Finjan will receive $1.55 in cash for each share of Finjan owned.
  • To learn more about this investigation and your rights, visit: https://www.rigrodskylong.com/cases-finjan-holdings-inc .
  • Shareholders of Grubhub will receive American depository receipts (ADRs), representing 0.6710 Just Eat ordinary shares for each share of Grubhub owned.
  • Shareholders of Willis Towers Watson will receive 1.08 shares of Aon plc for each share of Willis Towers Watson owned.

Finjan Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether The Sale Of Finjan Holdings, Inc. Is Fair To Shareholders; Investors Are Encouraged To Contact The Firm

Retrieved on: 
Friday, June 12, 2020

On behalf of Finjan shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.

Key Points: 
  • On behalf of Finjan shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
  • If you are a Finjan shareholder and would like to discuss your legal rights and options, please visit Finjan Merger or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or [email protected] or [email protected] .
  • Halper Sadeh LLPrepresents investors all over the world who have fallen victim to securities fraud and corporate misconduct.
  • Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.

READ NOW: Monteverde & Associates PC Announces an Investigation of Finjan Holdings, Inc. - FNJN

Retrieved on: 
Friday, June 12, 2020

Under the terms of the agreement, Finjan shareholders will receive $1.55 in cash for each share of Finjan common stock owned.

Key Points: 
  • Under the terms of the agreement, Finjan shareholders will receive $1.55 in cash for each share of Finjan common stock owned.
  • We are a national class action securities litigation law firm that has recovered millions of dollars and is committed to protecting shareholders from corporate wrongdoing.
  • Thereafter, our firm successfully preserved this victory by obtaining dismissal of a writ of certiorari as improvidently granted at the United States Supreme Court.
  • Also, in 2019 we recovered or secured six cash common funds for shareholders in mergers & acquisitions class action cases.

FINJAN ALERT: Bragar Eagel & Squire, P.C. Investigates Sale of FNJN and Encourages Investors to Contact the Firm

Retrieved on: 
Wednesday, June 10, 2020

On June 10, 2020, Finjan announced that it had signed an agreement to be acquired by Fortress for approximately $43.9 million.

Key Points: 
  • On June 10, 2020, Finjan announced that it had signed an agreement to be acquired by Fortress for approximately $43.9 million.
  • Pursuant to the merger agreement, Finjans stockholders will receive $1.55 in cash for each share of Finjan common stock owned.
  • Bragar Eagel & Squire is concerned that Finjans board of directors oversaw an unfair process and ultimately agreed to an inadequate deal price.
  • The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country.

Finjan Enters into Agreement to be Acquired by Affiliates of Fortress in an All Cash Transaction

Retrieved on: 
Wednesday, June 10, 2020

Under the terms of the Merger Agreement, Fortress will commence a tender offer to purchase all the outstanding shares of Finjans common stock for $1.55 per share in cash.

Key Points: 
  • Under the terms of the Merger Agreement, Fortress will commence a tender offer to purchase all the outstanding shares of Finjans common stock for $1.55 per share in cash.
  • Finjans Board of Directors unanimously approved the Merger Agreement and recommends that shareholders tender their shares.
  • The Transaction is not subject to any financing condition and is expected to close in the third quarter of 2020.
  • Finjan expressly disclaims any obligation to update or revise forward-looking information to reflect new events or circumstance.