NEW YORK, July 01, 2018 (GLOBE NEWSWIRE) -- The following statement is being issued by Levi & Korsinsky, LLP:

To: All Persons or Entities who purchased Convergys Corporation (“Convergys” or the “Company”) (NYSE:CVG) stock prior to June 28, 2018.

You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Convergys to SYNNEX Corporation (NYSE:SNX). Under the terms of the transaction, Convergys shareholders will receive $13.25 in cash and 0.1193 shares of SYNNEX common stock for each Convergys share they own. This represents a value of approximately $26.50 per share. To learn more about the action and your rights, go to: 

http://www.zlk.com/mna/convergys-corporation

 or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The Convergys merger investigation concerns whether the Board of Convergys breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether SYNNEX Corporation is underpaying for Convergys shares, thus unlawfully harming Convergys shareholders.

Levi & Korsinsky is a national firm with offices in New York, Connecticut, California, and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com