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CONCUR SHAREHOLDER ALERT – Andrews & Springer LLC Is Seeking More Cash for Shareholders of Concur Technologies, Inc. – CNQR

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Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential breach of fiduciary duty claims against the Board of Directors of Concur Technologies, Inc. (NASDAQ:CNQR) (“Concur” or the “Company”) relating to the sale of the Company to SAP America, Inc., a subsidiary of SAP SE (“SAP”). On September 18, 2014, the two companies announced the signing of a definitive merger agreement pursuant to which SAP will acquire Concur in a merger in a deal worth $8.3 billion. As a result of the merger, Concur shareholders are only anticipated to receive $129.00 per share in cash in exchange for each share of Concur.

In particular, our firm is investigating the inadequate consideration Concur shareholders are expected to receive. While the Company claims that shareholders will receive a 20% premium for their shares, the Company traded $128.08 as of February 18, 2014. Also, analysts at Yahoo! Finance have set a $130.00 per share price target for Concur.

Andrews & Springer is also investigating whether the Concur directors are breaching their fiduciary duties by failing to adequately shop the company and maximize shareholder value.

If you own shares of Concur and want to receive additional information and protect your investments free of charge, please visit us at http://www.andrewsspringer.com/cases-investigations/CNQR or contact Craig J. Springer, Esq. at cspringer@andrewsspringer.com, or call toll free at 1-800-423-6013. You may also follow us on LinkedIn – www.linkedin.com/company/andrews-&-springer-llc, Twitter – www.twitter.com/AndrewsSpringer or Facebook – www.facebook.com/AndrewsSpringer for future updates.

Andrews & Springer is a boutique securities class action law firm representing shareholders nationwide who are victims of securities fraud, breaches of fiduciary duty or corporate misconduct. Having formerly defended some of the largest financial institutions in the world, our founding members use their valuable knowledge, experience, and superior skill for the sole purpose of achieving positive results for investors. These traits are the hallmarks of our innovative approach to each case our Firm decides to prosecute. For more information please visit our website at www.andrewsspringer.com. This notice may constitute Attorney Advertising.

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