Kaskela Law LLC Announces Investigation of PowerSchool Holdings, Inc. (PWSC) Proposed $22.80 Per Share Shareholder Buyout and Encourages Investors to Contact the Firm
PowerSchool Holdings, Inc. Class A (PWSC)
Company Research
Source: GlobeNewswire
PHILADELPHIA, Aug. 28, 2024 (GLOBE NEWSWIRE) -- Kaskela Law LLC announces that it is investigating the recently announced proposed buyout of PowerSchool Holdings, Inc. (NYSE: PWSC) (“PowerSchool”) shareholders. On June 7, 2024, PowerSchool announced that it had agreed to be acquired by private investment firm Bain Capital, LP at a price of $22.80 per share in cash – a premium of just $0.43 per share, or less than 2%, to the stock’s prior day closing price of $22.37. Following the closing of the proposed transaction, PowerSchool’s current stockholders will be cashed out of their investment position and the company’s shares will no longer be publicly traded. The investigation seeks to determine whether PowerSchool’s shareholders will be receiving sufficient consideration for their shares, and whether the company’s officers and/or directors breached their fiduciary duties or violated the securities laws in agreeing to the $22.80 per share buyout price. Notably, immediately prior to
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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