Core Viewpoint - Ademi LLP is investigating OneStream for potential breaches of fiduciary duty and other legal violations related to its transaction with Hg, which involves a significant cash payout to shareholders [1][3]. Group 1: Transaction Details - OneStream stockholders will receive $24.00 per share in cash, with the total transaction valued at approximately $6.4 billion [2]. - The transaction includes substantial benefits for OneStream insiders as part of change of control arrangements [2]. Group 2: Board Conduct and Shareholder Rights - The transaction agreement imposes significant penalties on OneStream for accepting competing bids, which may limit shareholder options [3]. - The investigation focuses on whether the OneStream board of directors is fulfilling their fiduciary duties to all shareholders [3].
Shareholder Alert: The Ademi Firm investigates whether OneStream Inc. is obtaining a Fair Price for its Public Shareholders