Lawsuit for Investors Against Takeover of ReachLocal Inc. (NASDAQ:RLOC) Filed
July 27, 2016 at 11:15 AM EDT
San Diego, CA -- (SBWIRE) -- 07/27/2016 -- The Shareholders Foundation announced that an investor, who currently holds NASDAQ:RLOC shares, filed a lawsuit against the proposed takeover of ReachLocal Inc. by Gannett Co., Inc at $4.60 per share.