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DAY Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Sale of Dayforce to Thoma Bravo
GlobeNewswire News Room· 2025-08-26 17:43
Core Viewpoint - Wohl & Fruchter LLP is investigating the fairness of the sale of Dayforce Inc. to Thoma Bravo for $70.00 per share, which is below its 52-week high of $82.69, suggesting an opportunistic purchase [1][3]. Group 1: Sale Details - Dayforce announced on August 21, 2025, that it agreed to be sold to Thoma Bravo for $70.00 per share in cash [3]. - The sale price is significantly lower than Dayforce's 52-week high of $82.69 per share, indicating potential undervaluation [1][3]. Group 2: Investor Sentiment - At least one investor expressed disappointment regarding the sale price on SeekingAlpha, indicating a belief that the company could have fetched a higher multiple [1][3]. - The investigation aims to determine if the Dayforce Board of Directors acted in the best interests of shareholders and if all material information about the transaction was disclosed [3]. Group 3: Legal Representation - Wohl & Fruchter LLP has a history of representing investors in litigation related to corporate misconduct and has recovered substantial damages for investors [4]. - Shareholders questioning the fairness of the sale price are encouraged to contact Wohl & Fruchter LLP for legal advice at no charge [2].