11:45 ET Shareholder Alert: The Ademi Firm investigates whether Heidrick & Struggles International Inc. is obtaining a Fair Price for its Public Shareholders
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The Ademi Firm is investigating Heidrick & Struggles International Inc. (NASDAQ: HSII) for potential breaches of fiduciary duty related to its $1.3 billion all-cash transaction with Advent and Corvex. Concerns include whether the deal provides a fair price of $59.00 per share for public shareholders and if the board's actions limit competing offers unreasonably. The investigation aims to determine if the board is fulfilling its fiduciary responsibilities to all shareholders.
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