SHAREHOLDER ALERT: Brower Piven Launches An Investigation Into The Proposed Sale Of Concur Technologies, Inc. And Encourages Shareholders To Contact The Firm For Additional Information

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 Concur Technologies, Inc. (“Concur” or the “Company”) (NASDAQ: CNQR) relating to the proposed buyout of the Company by SAP America, Inc. (“SAP America”).

Under the terms of the transaction, Concur shareholders are anticipated to receive $129 in cash for each share of Concur common stock they own. The firm's investigation seeks to determine, among other things, whether the Company's Board of Directors breached their fiduciary duties by failing to maximize shareholder value before agreeing to enter into the transaction, and whether SAP America is underpaying for Concur shares.

If you currently own common stock of Concur and would like to learn more about the investigation being conducted by Brower Piven, without cost or obligation to you, please visit our website at http://www.browerpiven.com/currentinvestigations.html. You may also request more information by contacting Brower Piven either by email at hoffman@browerpiven.com or by telephone at (410) 415-6616.

Attorneys at Brower Piven have extensive experience in litigating securities and other class action cases and have been advocating for the rights of shareholders since the 1980s.