Breaking News: Is PowerSchool's $22.80 Per Share Sale Price a Fair Deal? Johnson Fistel, LLP Investigates Deal Terms
PowerSchool Holdings, Inc. Class A (PWSC)
Company Research
Source: GlobeNewswire
SAN DIEGO, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Johnson Fistel, LLP, a leading shareholder rights law firm, announced today that it has initiated an investigation into the board members of PowerSchool Holdings, Inc. (NYSE: PWSC) concerning potential breaches of fiduciary duties related to the proposed sale of the Company to Bain Capital. On June 7, 2024, PowerSchool informed the public that it has agreed to a deal with Bain Capital, in which shareholders will receive $22.80 per share in an all-cash offer. Johnson Fistel's investigation is centered on determining if the board of directors at PowerSchool neglected their fiduciary responsibilities to the company's shareholders, specifically assessing whether the board adequately explored alternative options to the acquisition and ascertained the most favorable price for PowerSchool's shares. This inquiry is especially relevant considering analyst forecasts for increased earnings and revenue, coupled with a Wall Street analyst setti
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PWSC
News
- Bain Capital Completes Acquisition of PowerSchool [Yahoo! Finance]Yahoo! Finance
- Bain Capital Completes Acquisition of PowerSchoolBusiness Wire
- Houston Area School District is First in Texas to Add PowerSchool AI Assistant ‘PowerBuddy’ to ClassroomsBusiness Wire
- PowerSchool Launches Contextual AI Solutions to Transform College and Career Planning, and Streamline Access to District InformationBusiness Wire
- PowerSchool Holdings, Inc. (PWSC) Shareholder Buyout Investigation Announcement by Kaskela Law LLC: Investors Encouraged to Contact the Firm to Discuss their Legal Rights and Options with Respect to Proposed $22.80 Per Share Buyout AgreementGlobeNewswire
PWSC
Earnings
- 8/9/24 - Beat
PWSC
Sec Filings
- 10/1/24 - Form SC
- 10/1/24 - Form S-8
- 10/1/24 - Form POS
- PWSC's page on the SEC website