BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors Of The Following Investigations: PROS Holdings, Inc. (NYSE PROS), Paramount Group, Inc. (NYSE PGRE), Tourmaline Bio, Inc. (Nasdaq - TRML), Wideopenwest, Inc. (NYSE - WOW)
PROS Holdings, Inc. (NYSE – PROS)
Under the terms of the agreement, PROS Holdings will be acquired by Thoma Bravo for $23.25 per share in an all-cash transaction valuing PROS Holdings at approximately $1.4 billion. The investigation concerns whether the PROS Holdings Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether the deal consideration provides fair value to the Company's shareholders.
Additional information can be found at .
Tourmaline Bio, Inc. (Nasdaq - TRML)
Under the terms of the Merger Agreement, SHCO will be acquired by Novartis AG (“Novartis”) for $48.00 per share in cash at closing, or a total equity value of approximately $1.4 billion. The investigation concerns whether the Tourmaline Bio Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether the deal consideration provides fair value to the Company's shareholders.
Additional information can be found at .
Paramount Group, Inc. (NYSE – PGRE)
Under the terms of the Merger Agreement, Paramount Group will be acquired by Rithm Capital Corp. (“Rithm”) for $6.60 per fully diluted share, a total cash consideration of approximately $1.6 billion. The investigation concerns whether the Paramount Group Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether the deal consideration provides fair value to the Company's shareholders.
Additional information can be found at .
WideOpenWest, Inc. (NYSE - WOW)
Under the terms of the agreement, WOW will be acquired by affiliated investment funds of DigitalBridge Investments, LLC and Crestview Partners (“Crestview”) for $5.20 per share in cash for each share of common stock they own. The investigation concerns whether the WOW Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether the deal consideration provides fair value to the Company's shareholders.
Additional information can be found at .
Brodsky & Smith is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.


Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Most popular stories
Market Research

- Kucoin Partners With Golf Icon Adam Scott As Global Brand Ambassador
- Mediafuse Joins Google For Startups Cloud Program To Scale AI-Driven, Industry-Focused PR Distribution
- Solotto Launches As Solana's First-Ever Community-Powered On-Chain Lottery
- 1Inch Unlocks Access To Tokenized Rwas Via Swap API
- Leverage Shares Launches First 3X Single-Stock Etps On HOOD, HIMS, UNH And Others
- Forex Expo Dubai 2025 Returns October 67 With Exclusive Prize Draw Including Jetour X70 FL
Comments
No comment