NEW YORK, June 19, 2008 (PRIME NEWSWIRE) -- Levi & Korsinsky announces an investigation on the proposed acquisition of Greenfield Online, Inc. ("Greenfield" or the "Company")(Nasdaq:SRVY).
On June 16, 2008 Greenfield announced that it has entered into a definitive merger agreement with an entity formed by Quadrangle Group, LLC, a private equity firm. Under the terms of the proposal, Greenfield's shareholders would receive $15.50 per share in cash, or approximately $426 million. The proposed acquisition is expected to be completed in the fourth quarter of calendar 2008. Upon closing, Greenfield will no longer be publicly traded and the surviving corporation in the merger will be privately owned by entity formed by Quadrangle Group, LLC. If you own common stock in Greenfield and wish to obtain additional information please contact us at the number listed below.
Levi & Korsinsky has expertise in prosecuting investor securities litigation and extensive experience in actions involving financial fraud and represents investors throughout the nation, concentrating its practice in securities and shareholder litigation.
About Greenfield Online, Inc.
Greenfield Online, Inc. provides Internet survey and comparison shopping solutions primarily in North America and Europe. Greenfield Online, Inc. was founded in 1994 and is headquartered in Wilton, Connecticut.