Is Thoughtworks's $4.40 Per Share Sale Price Fair? Johnson Fistel, LLP Investigates Deal Terms

Core Viewpoint - Johnson Fistel, LLP has initiated an investigation into the board members of Thoughtworks Holding, Inc. regarding potential breaches of fiduciary duties related to the proposed sale of the company to Apax Partners for $4.40 per share in an all-cash offer [1][2]. Group 1: Investigation Details - The investigation focuses on whether Thoughtworks's board adequately fulfilled its duties to stockholders, including the pursuit of alternatives to the acquisition and securing the best possible price for shares [2]. - Analyst projections for earnings and revenue growth are highlighted, noting that Thoughtworks shares have historically traded at much higher prices than the proposed acquisition price [2]. Group 2: Company Background - Thoughtworks has agreed to a deal with Apax Partners, which will result in the company becoming private upon completion of the transaction [1].