Group 1 - Kenvue is under investigation by the Ademi Firm for potential breaches of fiduciary duty and other legal violations related to its transaction with Kimberly-Clark [1] - In the transaction, Kenvue shareholders will receive $3.50 in cash and 0.14625 shares of Kimberly-Clark for each Kenvue share, totaling $21.01 per share based on October 31 closing prices [2] - Post-transaction, Kimberly-Clark shareholders will own approximately 54% of the combined company, while Kenvue shareholders will own about 46% [2] Group 2 - The transaction agreement imposes significant penalties on Kenvue for accepting competing bids, which raises concerns about the board's fulfillment of fiduciary duties to all shareholders [3] - The Ademi Firm specializes in shareholder litigation involving buyouts, mergers, and individual shareholder rights [4]
Shareholder Alert: The Ademi Firm investigates whether Kenvue Inc. is obtaining a Fair Price for its Public Shareholders