NIC INC INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of NIC Inc. - EGOV

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Feb 25, 2021
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Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of NIC Inc. (NasdaqGS: EGOV) to Tyler Technologies, Inc. (NYSE: TYL). Under the terms of the proposed transaction, shareholders of NIC will receive only $34.00 in cash for each share of NIC that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.