MLNK Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Sale of MeridianLink to Centerbridge Partners

Core Viewpoint - The law firm Wohl & Fruchter LLP is investigating the fairness of the proposed sale of MeridianLink, Inc. to Centerbridge Partners for $20.00 per share, which is significantly lower than its 52-week high and analyst price targets, indicating a potentially opportunistic acquisition by Centerbridge [1][3]. Group 1: Sale Details - MeridianLink has agreed to be sold to Centerbridge for $20.00 per share in cash [3]. - The sale price is below the 52-week high of $25.33 per share and below the price target of $24.00 set by at least one Wall Street analyst [1][3]. Group 2: Investigation Purpose - The investigation aims to determine if the MeridianLink Board of Directors acted in the best interests of shareholders when approving the sale [4]. - It will assess whether the agreed price is fair and if all material information regarding the transaction has been disclosed [4]. Group 3: Legal Representation - Wohl & Fruchter LLP has a history of representing investors in litigation related to corporate misconduct and has recovered significant damages for investors [4].