MERGER ALERT – CVON and ORM: Levi & Korsinsky, LLP Reminds Investors of Investigations Concerning the Sale of these Companies
NEW YORK, Nov. 27, 2018 (GLOBE NEWSWIRE) -- The following statement is being issued by Levi & Korsinsky, LLP:
Levi & Korsinsky, LLP announces that investigations have commenced on behalf of shareholders of the following publicly-traded companies.
ConvergeOne Holdings, Inc. (NASDAQGM: CVON) Merger Announcement: November 6, 2018 Transaction Details: ConvergeOne Holdings will be purchased by affiliates of CVC Fund VII. Under the terms of the transaction, ConvergeOne shareholders will receive $12.50 per share.
To learn more about the CVON investigation and your rights, go to: https://www.zlk.com/mna/convergeone-holdings-inc.
Owens Realty Mortgage, Inc. (NYSE American: ORM) Merger Announcement: November 7, 2018 Transaction Details: Owens Realty will be purchased by Ready Capital Corporation (NYSE: RC). Under the terms of the transaction, Owens Realty shareholders will receive 1.441 Ready Capital shares for each share of Owens Realty stock they own, based on a fixed exchange ratio subject to adjustments if the Company’s book value per share declines by more than three percent. Based on the closing price of Ready Capital stock on November 7, 2018, this represents a value of approximately $21.53 per share.
To learn more about the ORM investigation and your rights, go to: https://www.zlk.com/mna/owens-realty-mortgage-inc.
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