StockNews.AI
ODP
StockNews.AI
5 hrs

ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of The ODP Corporation

1. Rowley Law PLLC investigates potential securities law violations by ODP. 2. The proposed acquisition offers $28 per share, valued at $1 billion. 3. Transaction expected to complete by the end of 2025. 4. Investigations may cloud investor confidence in ODP's management.

0%Current Return
VS
0%S&P 500
$27.6809/22 06:51 PM EDTEvent Start

$27.6809/22 11:18 PM EDTLatest Updated
4m saved
Insight
Article

FAQ

Why Bearish?

Securities investigations often precede negative stock performance. A historical precedent is similar scandals affecting share prices significantly.

How important is it?

Investigations into securities law violations can affect stockholder confidence and valuations.

Why Short Term?

Investor sentiment may decline in the short term due to uncertainty surrounding the acquisition.

Related Companies

, /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by The ODP Corporation (NASDAQ: ODP) and its board of directors concerning the proposed acquisition of the company by Atlas Holdings. Stockholders will receive $28.00 for each share of The ODP Corporation stock that they hold. The transaction is valued at approximately $1 billion and is expected to close by the end of 2025. If you are a stockholder of The ODP Corporation and are interested in obtaining additional information regarding this investigation, please visit us at: http://www.rowleylawpllc.com/investigation/odp/. 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 Also from this source

Related News