StockNews.AI · 455 days
Kaskela Law LLC investigates possible securities law violations in Zuora's buyout. Buyout offers shareholders $10.00 per share, below analyst targets over $12.00. Post-transaction, Zuora shares will cease to be publicly traded.
The buyout price is lower than analyst expectations, signaling potential undervaluation.
Immediate market reaction expected as details on legal investigations unfold.
The investigation could delay or change the merger terms, influencing shareholder sentiment.