Angie’s List (ANGI) Shareholder – Class Action Investigation
Chimicles & Tikellis LLP is investigating potential breach of fiduciary duty claims and other violations against the Board of Directors of Angie’s List, Inc. (“Angie’s List” or the “Company”) (NASDAQ: ANGI) relating to the sale of the Company to IAC (NASDAQ: IAC).
On May 1, 2017, a definitive agreement was announced to combine IAC’s HomeAdvisor and Angie’s List into a new publicly-traded company to be called ANGI Homeservices Inc. Under the terms of the agreement, the principal merger consideration that Class A Angie’s List shareholders will receive are shares in ANGI Homeservices Inc.
If you are concerned, as an Angie’s List shareholder, of becoming an owner of shares in a new company that will be dominated by the HomeAdvisor business model and are interested in learning more about the investigation, please complete the form below or contact the attorneys for this case.