Dun & Bradstreet ALERT: Johnson Fistel Investigates Proposed Sale of Dun & Bradstreet; Is $9.15 a Fair Price?
1. Johnson Fistel investigates DNB's board for possible fiduciary violations. 2. DNB's board unanimously approved a merger with Clearlake Capital. 3. Shareholders to receive $9.15 per share; $14 price target exists. 4. Concerns arise over whether the deal reflects adequate shareholder value. 5. DNB's recent 52-week high was $12.95, indicating price underperformance.