Johnson & Weaver Investigating Datalink …

Shareholder rights law firm Johnson & Weaver, LLP has launched an investigation into whether the board members of Datalink Corporation breached their fiduciary duties in connection with the proposed sale of the company to Insight Enterprises, Inc.

Datalink provides data center services and solutions in the United States.

On November 7, 2016, Datalink announced it had signed a definitive merger agreement with Insight Enterprises. Under the terms of the agreement, Insight Enterprises will acquire all of the outstanding shares of Datalink common stock for $11.25 per share in cash.

The investigation concerns whether the Datalink board failed to satisfy their duties to the company shareholders, including whether the board adequately pursued alternatives to the acquisition and whether the board obtained the best price possible for Datalink shares of common stock.

Johnson & Weaver is investigating whether the proposed deal price represents adequate consideration.