INFORMATICA : SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout

WILMINGTON, Del., April 8, 2015 /PRNewswire/ -- Rigrodsky & Long, P.A.:

    --  Do you own shares of Informatica Corporation (NASDAQ GS: INFA)?
    --  Did you purchase any of your shares prior to April 7, 2015?
    --  Do you think the proposed buyout price is too low?
    --  Do you want to discuss your rights?

Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Informatica Corporation ("Informatica" or the "Company") (NASDAQ GS: INFA) regarding possible breaches of fiduciary duties and other violations of law related to the Company's entry into an agreement to be acquired by a company controlled by the Permira funds and Canada Pension Plan Investment Board (collectively, the "Consortium"), in a transaction valued at approximately $5.3 billion.

Click here to learn more: http://www.rigrodskylong.com/investigations/informatica-corporation-infa.

Under the terms of the agreement, public shareholders of Informatica would receive $48.75 in cash for each share of Informatica they own.

The investigation concerns whether Informatica's board of directors failed to adequately shop the Company and obtain the best possible value for Informatica's shareholders before entering into an agreement with the Consortium. According to Yahoo! Finance, at least one analyst has issued a price target for Informatica stock at $52.00 per share.

If you own the common stock of Informatica and purchased your shares before April 7, 2015, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 2 Righter Parkway, Suite 120, Wilmington, DE 19803, by telephone at [phone]; by e-mail to [e-mail], or at: http://www.rigrodskylong.com/investigations/informatica-corporation-infa.

Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, on behalf of shareholders in states and federal courts throughout the United States.

Attorney advertising. Prior results do not guarantee a similar outcome.

CONTACT:

Rigrodsky & Long, P.A.
Seth D. Rigrodsky
Gina M. Serra
[phone]
[phone]
Fax: [phone]
[e-mail]
http://www.rigrodskylong.com

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/informatica-corporation-shareholder-alert-rigrodsky--long-pa-announces-investigation-of-buyout-300062778.html

SOURCE Rigrodsky & Long, P.A.