Breaking News: Is PowerSchool's $22.80 Per Share Sale Price a Fair Deal? Johnson Fistel, LLP Investigates Deal Terms
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 09 2024
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Source: Globenewswire
Investigation Initiated: Johnson Fistel, LLP has launched an investigation into the board members of PowerSchool Holdings, Inc. regarding potential breaches of fiduciary duties related to the company's proposed sale to Bain Capital for $22.80 per share.
Shareholder Rights: The law firm is assessing whether the PowerSchool board adequately considered alternative options and secured the best price for shareholders, especially in light of positive earnings forecasts and a higher stock price target set by analysts.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
