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SHAREHOLDER ALERT: Brower Piven Commences An Investigation Into The Proposed Sale Of Envivio, Inc. And Encourages Investors To Contact The Firm For Additional Information

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STEVENSON, Md.--(BUSINESS WIRE)--The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Envivio, Inc. (NasdaqGS: ENVI) (“Envivio” or the “Company”) relating to the proposed buyout of the Company by LM Ericsson Telephone Company. Under the terms of the transaction, Envivio shareholders are anticipated to receive $4.10 in cash for each sha

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