ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Avid Bioservices, Inc.

NEW YORK, Nov. 7, 2024 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Avid Bioservices, Inc. (NASDAQ: CDMO) and its board of directors concerning the proposed acquisition of the company by GHO Capital Partners LLP and Ampersand Capital Partners. Stockholders will receive $12.50 for each share of Avid Bioservices stock that they hold. The transaction is valued at approximately$1.1 billion and is expected to close in the first quarter of 2025.If you are a stockholder ...