The Ademi Firm is investigating PROS (NYSE: PRO) for possible breaches of fiduciary duty and other violations of law in its transaction with Thoma Bravo.
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Click here to learn how to join our investigation and obtain additional information or contact us at gademi@ademilaw.com or toll-free: 866-264-3995. There is no cost or obligation to you.
Shareholders of PROS will receive $23.25 per share in a transaction valued at approximately $1.4 billion. PROS insiderswill receive substantial benefits as part of change of control arrangements.
The transaction agreement unreasonably limits competing transactions for PROS by imposing a significant penalty if PROS accepts a competing bid. We are investigating the conduct of the PROS board of directors, and whether they are fulfilling their fiduciary duties to all shareholders.
We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.
Contacts
Ademi & Fruchter LLPGuri AdemiToll Free: (866) 264-3995Fax: (414) 482-8001
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SOURCE Ademi LLP
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