$HAREHOLDER ALERT: The M&A Class Action Firm Announces An Investigation of GoPro, Inc. (NASDAQ: GPRO)
Monteverde & Associates PC, a plaintiff-side securities firm, announced it is investigating GoPro's proposed sale to affiliates of Midtown Equities LLC, questioning whether the consideration is fair to shareholders. Under the proposed terms, GoPro shareholders would receive $1.14 in cash plus 0.1 shares of common stock of the surviving corporation for each GoPro share held.
Key figures
- Cash per share
- 1.14
- Stock consideration
- 0.1 shares of common stock of the surviving corporation per GoPro share
AI analysis
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