Corporate sale fairness
Search documents
CWAN Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Sale of Clearwater Analytics to Permira and Other Investors
Globenewswire· 2025-12-23 18:29
Core Viewpoint - The law firm Wohl & Fruchter LLP is investigating the fairness of the proposed sale of Clearwater Analytics Holdings, Inc. for $24.55 per share in cash, which is significantly below the price targets set by Wall Street analysts and the company's 52-week high [1][2][5]. Sale Price Analysis - The proposed sale price of $24.55 per share is well below the price targets of multiple Wall Street analysts, including a target of $36.00 per share from RBC Capital [2][5][8]. - The sale price is also below Clearwater's 52-week high of $32.00 per share, suggesting that the acquisition may be opportunistic [2][5]. Board Approval and Conflicts of Interest - The sale was approved based on the recommendation of a Special Committee of the Board, indicating potential conflicts of interest among certain Board members, as both Permira and Warburg Pincus have representatives on the Board [3][6]. - Permira owns 14.7% of Clearwater's Class D Common Stock, further highlighting the potential conflicts [3][6]. Investigation Focus - The investigation will assess whether the Special Committee acted in the best interests of Clearwater shareholders, the fairness of the sale price, and whether all material information regarding the transaction has been disclosed [7].
JAMF Alert: Monsey Firm of Wohl & Fruchter Renews Investigation Into the Proposed Sale of Jamf Holding to Francisco Partners
Globenewswire· 2025-12-03 14:30
Core Viewpoint - Wohl & Fruchter LLP has renewed its investigation into the fairness of the proposed sale of Jamf Holding Corp. for $13.05 per share, which is significantly below the price targets set by various Wall Street analysts [1][2]. Group 1: Proposed Sale Details - The proposed sale price of $13.05 per share is substantially lower than the price targets set by analysts, including $23.00 by Rob Owens at Piper Sandler, $20.00 by Joshua Reilly at Needham, $18.00 by Patrick Walravens at Citizens JMP, and $15.00 by David Hynes at Canaccord Genuity [2]. - Jamf Holding Corp. filed a preliminary proxy with the SEC regarding the proposed sale on November 28, 2025 [2]. Group 2: Investigation and Legal Rights - Wohl & Fruchter LLP is investigating potential conflicts of interest related to the proposed sale and the fairness of the price for shareholders [3]. - Shareholders concerned about the fairness of the sale price are encouraged to contact Wohl & Fruchter LLP to discuss their legal rights at no charge [3]. Group 3: Firm Background - Wohl & Fruchter LLP has over a decade of experience representing investors in litigation related to corporate misconduct and has recovered hundreds of millions of dollars for investors [4].
SEMR Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Sale of Semrush to Adobe
Globenewswire· 2025-11-24 14:20
Core Viewpoint - Wohl & Fruchter LLP is investigating the fairness of the proposed sale of Semrush Holdings, Inc. to Adobe for $12.00 per share, which is below market expectations and the company's recent performance [1][3]. Group 1: Sale Details - Semrush announced an agreement to be sold to Adobe for $12.00 per share in cash on November 20, 2025 [3]. - The sale price is lower than the $14.00 per share price target set by J.P. Morgan's Mark Murphy and significantly below Semrush's 52-week high of $18.74 per share [1][3]. Group 2: Investigation Purpose - The investigation aims to determine if the Semrush 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 fully disclosed [4].
WOW Alert: Monsey Firm of Wohl & Fruchter Renews Investigation Into the Proposed Sale of WideOpenWest to DigitalBridge Group and Crestview Partners
Globenewswire· 2025-11-17 14:55
Core Viewpoint - Wohl & Fruchter LLP has renewed its investigation into the fairness of the proposed sale of WideOpenWest, Inc. (WOW) to DigitalBridge Group and Crestview Partners for $5.20 per share in cash [1] Group 1: Shareholder Dynamics - Crestview Partners is the largest shareholder of WOW, owning approximately 37% of the common stock and has agreed to roll over its equity into the post-close entity, which is not available to public stockholders [2] - The sale was approved based on the recommendation of a purportedly independent special committee of WOW's board, indicating potential conflicts of interest [2] Group 2: Legal Proceedings - On October 27, 2025, WOW filed a definitive proxy with the SEC regarding the proposed sale, prompting the renewal of the investigation by Wohl & Fruchter LLP [3] - Shareholders concerned about the fairness of the sale price are encouraged to contact Wohl & Fruchter LLP for legal discussions at no charge [3] Group 3: Firm Background - Wohl & Fruchter LLP has over a decade of experience representing investors in litigation related to fraud and corporate misconduct, recovering hundreds of millions of dollars for investors [4]
HOLX Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Sale of Hologic to Blackstone and TPG
Globenewswire· 2025-10-29 15:18
Core Viewpoint - Wohl & Fruchter LLP is investigating the fairness of Hologic Inc.'s proposed sale to Blackstone and TPG for $76.00 per share in cash, along with a contingent value right (CVR) that could provide an additional $3.00 per share based on future revenue milestones [1][3][4] Group 1: Sale Details - Hologic has agreed to be sold for an upfront payment of $76.00 per share in cash, plus a non-tradeable CVR that could yield up to $3.00 per share if certain revenue targets are met post-closing [1][3] - The proposed sale price is below Hologic's 52-week high of $84.39 per share, leading to disappointment among several investors [2][3] Group 2: Investor Concerns - Investors have expressed concerns regarding the sale price, suggesting it should have been higher given the company's recent business re-acceleration and historical valuation standards [4] - Wohl & Fruchter LLP is examining whether Hologic's Board of Directors acted in the best interests of shareholders in approving the sale and if all material information about the transaction was disclosed [4]
JAMF Alert: Monsey Firm of Wohl & Fruchter Investigating the Fairness of the Sale of Jamf Holding to Francisco Partners
Globenewswire· 2025-10-29 14:01
Core Viewpoint - Wohl & Fruchter LLP is investigating the fairness of the sale of Jamf Holding Corp. to Francisco Partners for $13.05 per share, which is significantly lower than its 52-week high of $18.00 per share and below various Wall Street analysts' price targets for the company [1][3]. Group 1: Sale Details - Jamf Holding Corp. has agreed to be sold for $13.05 per share in cash to Francisco Partners [3]. - The sale price is notably below the 52-week high of $18.00 per share [1][3]. Group 2: Analyst Price Targets - Analysts had set price targets for Jamf Holding Corp. significantly higher than the sale price, including $23.00 by Rob Owens at Piper Sandler, $20.00 by Joshua Reilly at Needham, $18.00 by Patrick Walravens at Citizens JMP, and $15.00 by David Hynes at Canaccord Genuity [5]. Group 3: Investigation Focus - The investigation will assess whether the Jamf Board of Directors acted in the best interests of shareholders and if the agreed price is fair [4]. - The inquiry will also look into whether all material information regarding the transaction has been disclosed, including potential conflicts of interest [4].
VRNT Alert: Monsey Firm of Wohl & Fruchter Renews Investigation Into the Proposed Sale of Verint Systems to Thoma Bravo
Globenewswire· 2025-10-28 17:53
Core Viewpoint - Wohl & Fruchter LLP has renewed its investigation into the fairness of the proposed sale of Verint Systems for $20.50 per share in cash to Thoma Bravo, raising concerns about potential undisclosed conflicts of interest and the adequacy of the sale price [1][2]. Group 1: Investigation Details - The law firm is examining whether there are any undisclosed potential conflicts of interest and deficiencies affecting the fairness of the sale process [2]. - The investigation follows Verint's filing of a definitive proxy with the SEC regarding the proposed sale [1]. Group 2: Sale Price Concerns - The proposed sale price of $20.50 is below the price targets set by multiple Wall Street analysts prior to the announcement [3]. - The sale price is only $0.03 above Verint's closing stock price of $20.47 on August 22, 2025, the last trading day before the deal announcement [3].
VRNT Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Sale of Verint Systems to Thoma Bravo
GlobeNewswire News Room· 2025-08-25 17:07
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].
MLNK Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Sale of MeridianLink to Centerbridge Partners
GlobeNewswire News Room· 2025-08-12 13:37
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].