The Ademi Firm is investigating The ODP Corporation (NASDAQ: ODP) for possible breaches of fiduciary duty and other violations of law in its transaction with Atlas Holdings.
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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 The ODP Corporation will receive $28 per share in a transaction valued at approximately $1 billion. The ODP Corporation insiderswill receive substantial benefits as part of change of control arrangements.
The transaction agreement unreasonably limits competing transactions for The ODP Corporation by imposing a significant penalty if The ODP Corporation accepts a competing bid. We are investigating the conduct of The ODP Corporation 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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