StockNews.AI
ALTR
StockNews.AI
244 days

ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Altair Engineering Inc.

1. Rowley Law PLLC investigates Altair Engineering for securities law violations. 2. Siemens AG's proposed acquisition valued at $10.6 billion for $113 per share. 3. Transaction expected to close in the second half of 2025.

+0.01%Current Return
VS
+0.44%S&P 500
$103.9910/31 04:52 PM EDTEvent Start

$10411/01 11:12 PM EDTLatest Updated
4 mins saved
Full Article

FAQ

Why Bullish?

The acquisition price of $113 indicates positive market sentiment towards ALTR's value.

How important is it?

This article informs stakeholders about potential legal challenges, impacting acquisition certainty.

Why Long Term?

As the acquisition is expected to close in 2025, it will affect ALTR's long-term outlook.

Related Companies

, /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Altair Engineering Inc. (NASDAQ: ALTR) and its board of directors concerning the proposed acquisition of the company by Siemens AG. Stockholders will receive $113.00 for each share of Altair Engineering stock that they hold. The transaction is valued at approximately $10.6 billion and is expected to close in the second half of 2025. If you are a stockholder of Altair Engineering Inc. and are interested in obtaining additional information regarding this investigation, please visit us at: http://www.rowleylawpllc.com/investigation/altr/. You may also contact Shane Rowley, Esq. at Rowley Law PLLC, 50 Main Street Suite 1000, White Plains, NY 10606, by email at [email protected], or by telephone at 914-400-1920 or 844-400-4643 (toll-free). Rowley Law PLLC represents shareholders nationwide in class actions and derivative lawsuits in complex corporate litigation. For more information about the firm and its attorneys, please visit http://www.rowleylawpllc.com. Attorney Advertising. Prior results do not guarantee a similar outcome. SOURCE Rowley Law PLLC WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

Related News