ENV - ENV Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Sale of Envestnet to Bain Capital | Benzinga
MONSEY, N.Y., July 11, 2024 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the proposed sale of Envestnet, Inc. (NYSE:ENV) ("Envestnet") to Bain Capital for $63.15 per share in cash. The sales price is well below Envestnet's 52-week high of $73.04 per share, which may indicate an opportunistic buy. Additionally, the premium to Envestnet's closing price of $61.70 per share on July 10, 2024, is only 2.4%.
If you remain an Envestnet shareholder and question the fairness of the price, you may contact our firm ...