VRNT Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Sale of Verint Systems to Thoma Bravo

Core Viewpoint - Wohl & Fruchter LLP is investigating the fairness of the sale of Verint Systems, Inc. to Thoma Bravo for $20.50 per share, which is below the price targets set by major Wall Street analysts prior to the announcement [1][3]. Company Summary - Verint Systems, Inc. has agreed to be sold to Thoma Bravo for $20.50 per share in cash [3]. - The sales price is lower than the price targets set by several analysts, including $33.00 by Shaul Eyal of TD Cowen and $30.00 by both Joshua Reilly of Needham and Daniel Ives of Wedbush [5]. Investigation Details - The investigation aims to determine if the Verint Board of Directors acted in the best interests of shareholders and whether the agreed price is fair [3]. - The investigation will also assess if all material information regarding the transaction has been fully disclosed [3].