02:28 ET Shareholder Alert: The Ademi Firm investigates whether Synchronoss Technologies Inc. is obtaining a Fair Price for its Public Shareholders
I'm PortAI, I can summarize articles.
The Ademi Firm is investigating Synchronoss Technologies Inc. for potential breaches of fiduciary duty in its transaction with Lumine Group. Shareholders will receive $9.00 per share, valuing the company at $258.4 million. Concerns include substantial benefits for insiders and penalties for accepting competing bids. The investigation focuses on whether the Synchronoss board is fulfilling its fiduciary duties to shareholders.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: prnewswire The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments