PTC Shareholders will receive $205 per share in this all-cash transaction. Based on this, the valuation of PTC's equity is approximately $22.6 billion; Ademi LLP is investigating the transaction price, the benefits obtained by insiders of the company, and the restrictions on competitive bids.
Click here to join.
Milwaukee, October 5th / PRNewswire / -- Ademi LLP indicates that an investigation is underway into whether the transaction in which PTC ( NASDAQ : PTC ) is to be acquired by Schneider Electric provides fair value to the public shareholders of PTC, and whether the board of directors of PTC adequately protected the interests of shareholders during the negotiation and approval of the transaction.
Are you a shareholder of PTC?
If you hold PTC shares, Ademi LLP would like to hear your views on this proposed acquisition and your rights as a shareholder.
You can also contact Guri Ademi through [ email protected ], or call the toll-free number 866-264-3995.
You do not need to bear any costs or obligations.
Ademi LLP is investigating what?
- The exchange ratio, and whether it fully reflects the value and future prospects of PTC.
- Significant control rights changes that are related to transactions and can be obtained by insiders of PTC;
- Restrictions on competitive bidding, including high termination fees that may prevent other potential buyers from submitting better offers; as well as
- The behavior of the Board of Directors during the negotiation and approval process of the transaction, as well as whether the Board of Directors fulfilled its responsibilities to the public shareholders.
PTC What should shareholders do?
Please contact Ademi LLP to discuss your rights and our investigation. You do not need to bear any costs or obligations.
Guri Ademi
Ademi LLPFree Phone: (866) 264-3995Email: [ email protected ]About Ademi LLP
Ademi LLP acts as an agent for investors in handling shareholder litigation involving mergers and acquisitions, privatizations, and the rights of individual shareholders.
Lawyer advertisement. Past results do not guarantee similar outcomes.
