PWSC INVESTIGATION NOTICE: BFA Law Alerts PowerSchool (NYSE:PWSC) Investors that it is Investigating the Potential Acquisition, and Urges Shareholders to Contact the Firm
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NEW YORK, June 29, 2024 (GLOBE NEWSWIRE) -- Top law firm Bleichmar Fonti & Auld LLP is investigating...
Original sourceAI Summary
- PowerSchool Holdings, Inc. is being investigated for a potential unfair buyout by Bain Capital. - Controlling shareholders Vista Equity Partners and Onex have already approved the merger agreement. - The merger price of $22.80 per share is below analyst price targets of $31. - BFA Law is concerned about potential fiduciary duty breaches by Vista, Onex, and PowerSchool's board. - Shareholders are encouraged to submit information to learn about legal options. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Legal
Market-Moving
- PowerSchool Holdings, Inc. is being investigated for a potential unfair buyout by Bain Capital.
- Controlling shareholders Vista Equity Partners and Onex have already approved the merger agreement.
- The merger price of $22.80 per share is below analyst price targets of $31.
Key Facts
- PowerSchool Holdings, Inc. is being investigated for a potential unfair buyout by Bain Capital.
- Controlling shareholders Vista Equity Partners and Onex have already approved the merger agreement.
- The merger price of $22.80 per share is below analyst price targets of $31.
- BFA Law is concerned about potential fiduciary duty breaches by Vista, Onex, and PowerSchool's board.
- Shareholders are encouraged to submit information to learn about legal options.