BOSTON, July 31, 2024 (GLOBE NEWSWIRE) -- Boston-based law firm Block & Leviton is currently investigating PowerSchool Holdings, Inc. (NYSE:PWSC) for potential breaches of fiduciary duty to stockholders. This inquiry stems from Bain Capital's recent announcement that it has agreed and approved a cash transaction to acquire PowerSchool at a valuation of $5.6 billion. One of the main concerns of the investigation is that the transaction's terms significantly favor major investors, including existing stakehold ...

BOSTON, July 31, 2024 (GLOBE NEWSWIRE) -- Boston-based law firm Block & Leviton is currently investigating PowerSchool Holdings, Inc. (NYSE: PWSC) for potential breaches of fiduciary duty to stockholders. This inquiry stems from Bain Capital's recent announcement that it has agreed and approved a cash transaction to acquire PowerSchool at a valuation of $5.6 billion. One of the main concerns of the investigation is that the transaction's terms significantly favor major investors, including existing stakehol ...

For a free, no-risk consultation, please visit https://julieholleman.com/powerschool-holdings-inc/, or contact firm partner Scott Holleman by email at [email protected]. Julie & Holleman, whose attorneys have helped secure hundreds of millions of dollars for shareholders, is concerned about both conflicts of interest and the inadequate deal price. PowerSchool's biggest shareholders, Vista and Onex, are "rolling over" shares into the post-close company while public shareholders are being cashed out. Moreover ...

Core Viewpoint - Julie & Holleman LLP is investigating the proposed $5.6 billion acquisition of PowerSchool Holdings, Inc. by Bain Capital, citing conflicts of interest and undervaluation of the company [1] Company Overview - PowerSchool is a leading provider of cloud-based software for K-12 education in North America [2] - The two largest shareholders of PowerSchool are private equity firms Vista Equity Partners and Onex Partners, which together hold a majority of the company's stock and voting power [2] Acquisition Details - On June 7, 2024, PowerSchool agreed to be acquired by Bain Capital for $22.80 per share in cash [3] - A proxy statement filed on July 23, 2024, indicates that PowerSchool could be valued as high as $31.50 per share [3] Concerns Raised - Julie & Holleman has expressed concerns regarding conflicts of interest and the inadequacy of the deal price [4] - Vista and Onex are "rolling over" shares into the post-close company while public shareholders are being cashed out [4] - The $22.80 per share deal price is below the company's earlier trading price, the average Wall Street analyst target of $24.57 per share, and significantly lower than the high-end target of $30 per share and the $31.50 valuation from financial analyses [4]

NEW YORK, July 11, 2024 (GLOBE NEWSWIRE) -- Top law firm Bleichmar Fonti & Auld LLP is investigating the PowerSchool Holdings, Inc. ("PowerSchool") (NYSE:PWSC) buyout by Bain Capital. If you invested in PowerSchool, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases/powerschool-holdings-inc-investigation. PowerSchool is controlled by Vista and Onex through their collective ownership of over 70% of PowerSchool's stock. According to the merger announcement, Vista and ...

NEW YORK, July 11, 2024 (GLOBE NEWSWIRE) -- Top law firm Bleichmar Fonti & Auld LLP is investigating the PowerSchool Holdings, Inc. ("PowerSchool") (NYSE: PWSC) buyout by Bain Capital. Why is PowerSchool being Investigated by BFA Law? PowerSchool is controlled by Vista and Onex through their collective ownership of over 70% of PowerSchool's stock. According to the merger announcement, Vista and Onex will rollover a portion of their equity investment in the post-close company. BFA Law is currently investigat ...

PHILADELPHIA, July 8, 2024 /PRNewswire/ -- Kaskela Law LLC announces that it is investigating the fairness of the recently announced proposed buyout of PowerSchool Holdings, Inc. (NYSE: PWSC) ("PowerSchool") stockholders. The investigation thus far has revealed that the process leading up to the announcement of the buyout appears to have significant conflicts of interest, thus making the sales process as well as the price-per-share appear unfair to the company's shareholders. Notably, immediately prior to t ...

Core Viewpoint - Bleichmar Fonti & Auld LLP is investigating the acquisition of PowerSchool Holdings, Inc. by Bain Capital due to concerns over the fairness of the buyout price offered to shareholders [1][2][3]. Group 1: Acquisition Details - On June 7, 2024, PowerSchool announced a merger agreement with Bain Capital, where shareholders will receive $22.80 per share in cash [2]. - The controlling shareholders, Vista Equity Partners and Onex Partners Manager LP, hold over 70% of PowerSchool's stock and have already approved the merger, limiting minority shareholders' influence [3]. Group 2: Investigation Focus - The investigation by BFA Law centers on whether the rollover of equity investments by Vista and Onex led to an unfair acquisition price, particularly since the merger price is significantly lower than analyst price targets, which reach as high as $31 per share [3][4]. - Concerns have been raised that Vista, Onex, and PowerSchool's board may have breached their fiduciary duties by approving a merger that primarily benefits the controlling shareholders [4]. Group 3: Legal Options for Shareholders - Shareholders of PowerSchool are encouraged to submit their information to explore their legal rights regarding the merger [5][6]. - BFA Law operates on a contingency fee basis, meaning shareholders will not incur costs unless the firm secures a favorable outcome [6]. Group 4: BFA Law's Background - Bleichmar Fonti & Auld LLP is recognized as a leading international law firm specializing in securities class actions and shareholder litigation, having achieved significant recoveries in past cases [7].

Core Viewpoint - PowerSchool Holdings, Inc. is under investigation by Bleichmar Fonti & Auld LLP regarding its acquisition by Bain Capital, with concerns about the fairness of the merger price offered to shareholders [1][6]. Company Overview - PowerSchool announced a merger agreement with Bain Capital on June 7, 2024, where shareholders will receive $22.80 per share in cash [2]. - The controlling shareholders, Vista Equity Partners and Onex Partners Manager LP, hold over 70% of PowerSchool's stock and have approved the merger without input from minority shareholders [2][9]. Legal Investigation - BFA Law is investigating potential breaches of fiduciary duties by Vista, Onex, and PowerSchool's board in approving what may be an unfair merger transaction [6]. - The merger price of $22.80 per share is significantly lower than analyst price targets, which reach as high as $31, raising questions about the fairness of the offer [9]. Shareholder Rights - Shareholders of PowerSchool are encouraged to submit their information to learn about their rights and potential legal options regarding the merger [3][4]. - BFA Law is offering representation on a contingency fee basis, meaning shareholders will not incur costs unless the case is successful [10].

If you invested in PowerSchool, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases/powerschool-holdings-inc-investigation. On June 7, 2024, PowerSchool publicly announced that it entered into a merger agreement to be acquired by Bain Capital, pursuant to which PowerSchool shareholders will receive $22.80 per share in cash. Minority shareholders will have no voice in the transaction because PowerSchool's controlling shareholders Vista Equity Partners ("Vista") and On ...