Shareholder Alert: Ademi & Fruchter LLP Investigates Whether Global Blue Group Holding AG Is Obtaining a Fair Price for Its Public Shareholders
Shareholder Alert: Ademi & Fruchter LLP Investigates Whether Global Blue Group Holding AG Is Obtaining a Fair Price for Its Public Shareholders
MILWAUKEE--(BUSINESS WIRE)-- Ademi & Fruchter LLP is investigating Global Blue (NYSE: GB) for possible breaches of fiduciary duty and other violations of law in its transaction with Shift4.
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.
In the tender offer transaction, Global Blue stockholders will receive only $7.50 per common share, through a tender offer and a subsequent statutory merger. Shift4 intends to acquire Global Blue’s Series A Preferred shares at $10.00 per preferred share and Series B Preferred shares at $11.81 per preferred share. Global Blue insiders will receive substantial benefits as part of change of control arrangements.
The transaction agreement unreasonably limits competing transactions for Global Blue by imposing a significant penalty if Global Blue accepts a competing bid. We are investigating the conduct of Global Blue’s 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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250218145108/en/
Contacts
Ademi & Fruchter LLP
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001
Source: Ademi & Fruchter LLP