NEW YORK, NY / ACCESSWIRE / February 18, 2020 / 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.
Synacor, Inc. (SYNC)
Merger Announcement: February 11, 2020
Transaction Details: Under the terms of the agreement, each share of Qumu common stock issued and outstanding as of the effective date of the merger will be converted into approximately 1.61 shares of Synacor common stock. Following the merger, Synacor stockholders are expected to own approximately 64.4% and Qumu shareholders are expected to own approximately 35.6% of the stock of the combined company.
To learn more about the SYNC investigation and your rights, go to: https://www.zlk.com/mna2/synacor-inc-loss-form
Stein Mart, Inc. (SMRT)
Merger Announcement: January 31, 2020
Transaction Details: Under the terms of the merger, Stein Mart investors will receive $0.90 per share in cash.
To learn more about the SMRT investigation and your rights, go to: https://www.zlk.com/mna2/stein-mart-inc-loss-form
CSS Industries, Inc. (CSS)
Merger Announcement: January 20, 2020
Transaction Details: Under the terms of the merger, Design Group, through a subsidiary, will acquire CSS for $9.40 per share in an all cash transaction.
To learn more about the CSS investigation and your rights, go to:
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SOURCE: Levi & Korsinsky, LLP