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Stock impact report

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 ...

PowerSchool Holdings, Inc. Class A (PWSC) 
Company Research Source: GlobeNewswire
PHILADELPHIA, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Law firm Kaskela Law LLC announces that it is investigating the fairness of the recently announced proposed buyout of PowerSchool Holdings, Inc. (NYSE: PWSC) (“PowerSchool”) stockholders to determine whether the proposed buyout price of $22.80 per share is fair to the company’s investors. https://kaskelalaw.com/case/powerschool/ 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 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 executive officers and/or directors violated the securities laws in agreeing to sell the company Show less Read more
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