BRODSKY & SMITH INVESTOR ALERT: Updates on Investigations Involving Verint Systems Inc. (Nasdaq – VRNT), Dayforce, Inc. (NYSE – DAY), WideOpenWest, Inc. (NYSE – WOW), and Y-mAbs Therapeutics, Inc. (Nasdaq – YMAB)
Investigation Announcements: Brodsky & Smith is reminding investors of ongoing investigations regarding potential breaches of fiduciary duties by company boards in recent merger agreements.
Dayforce, Inc. Acquisition: Dayforce will be acquired by Thoma Bravo for $70.00 per share, but the investigation questions if this offer reflects fair value compared to its 52-week high of $82.69.
WideOpenWest, Inc. Deal: WOW is set to be acquired for $5.20 per share, with concerns raised about whether the board adequately ensured a fair process and valuation for shareholders.
Verint Systems and Y-mAbs Transactions: Verint will be acquired for $20.50 per share (below its 52-week high of $34.80), while Y-mAbs will be sold for $8.60 per share, both facing scrutiny over the fairness of their respective deals.
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