Chordiant Software, Inc. (NASDAQ:CHRD) is currently under investigation by Kendall Law Group. The investigation is on the behalf of Chordiant shareholders in relation to the proposed sale of the company to Pegasystems, Inc. Chordian ant Pegasystems announced their entrance into a definitive merger agreement on March 15, 2010. Under the terms of the agreement, Chordiant shareholders are to receive $5.00 per share. The total transaction is valued at $161.5 million. The total value of the transaction represents a 31% premium over the company’s closing price the day before the announcement. Current CHRD shareholders are advised to contat the Kendall Law Group at 877.744.3728 to learn more about their rights.
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Chordiant Software, Inc. (Chordiant) gives global brands a real-time unified view and understanding of their customer’s behavior and capabilities to optimize customer strategies that match each customer’s individual situation. Chordiant Software, and its Cx Enterprise Foundation, Chordiant Decision Management (CDM) and Chordiant Marketing Director (CMD) Solutions, arms marketing, customer service and customer loyalty executives with a suite of predictive and adaptive decisioning applications to deliver an order of magnitude improvement in customer experience. In addition, Chordiant reshapes the way brands engage customers with Next-Best-Action capabilities that dynamically guide conversations across every channel, determining and adapting actions as the interaction is occurring. The Company’s solutions are designed for global enterprises seeking to optimize their customer experiences through decision analysis, marketing, selling and servicing efforts.
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