Group 1 - The acquisition of Thoughtworks Holding, Inc. (TWKS) by an affiliate of funds advised by Apax Partners LLP is under investigation by Robbins LLP, focusing on the fairness of the process and the amount offered to shareholders [1][2] - The merger agreement was approved by Thoughtworks' board of directors for $4.40 per share in cash, valuing the deal at approximately $1.75 billion, with an expected closing in the fourth quarter of 2024 [2] - Robbins LLP expresses concerns that the board may have engaged in an unfair process regarding the acquisition [2] Group 2 - Shareholders of Thoughtworks Holding, Inc. have legal options available and are encouraged to contact Robbins LLP for more information [3] - Robbins LLP has a history of helping shareholders recover losses and improve corporate governance, having obtained over $1 billion in value for shareholders since its inception [4]
Robbins LLP Reminds Stockholders it is Investigating the Acquisition of Thoughtworks Holding, Inc. (TWKS) by Apax Partners LLP