NEW YORK, Oct. 1, 2014 /PRNewswire/ -- The fairness of the proposed acquisition of TIBCO Software Inc. ("TIBX" or the "Company") by Equity Vista Partners ("Equity Vista") is the subject of an examination by WeissLaw LLP, a national class action, shareholder rights law firm. The examination is focusing on possible breaches of fiduciary duty and other violations of law by the Board of Directors of TIBX for agreeing to sell the Company to Equity Vista. On September 29, 2014, the Company announced it had reached a definitive agreement for Equity Vista to acquire all outstanding shares of TIBX for $24 per share, for a total value of approximately $4.3 billion, including the assumption of net debt.

WeissLaw is investigating whether TIBX's Board acted to maximize shareholder value prior to entering into the agreement with Equity Vista. Notably, prior to the announcement of the deal, at least one analyst set a price target for TIBX of $29.00 per share, or $5.00 above the price offered by Equity Vista.

Given these facts, WeissLaw is investigating whether TIBX's Board of Directors acted in the best interest ofd TIBX's public shareholders by actively shopping the Company to maximize shareholder value prior to entering into the agreement with Equity Vista. If you own TIBX shares and would like more information about your rights or our investigation, please contact Joshua Rubin or Kelly Keenan either by telephone at (888) 593-4771 or by email at stockinfo@weisslawllp.com.

WeissLaw LLP has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties. We have recovered over a billion dollars for defrauded clients and obtained important corporate governance relief in many of these cases. If you have information or would like legal advice concerning possible corporate wrongdoing (including insider trading, waste of corporate assets, accounting fraud, or materially misleading information), consumer fraud (including false advertising, defective products, or other deceptive business practices), or anti-trust violations, please email us at stockinfo@weisslawllp.com or fill out the form on our website, http://www.weisslawllp.com/contact/report_fraud/.

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WeissLaw LLP
Joshua Rubin
Kelly Keenan
1500 Broadway, 16(th) Floor
New York, NY 10036
T: 212.682.3025
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www.weisslawllp.com
stockinfo@weisslawllp.com

SOURCE WeissLaw LLP