Workflow
Corporate sale fairness
icon
Search documents
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].