NEW YORK, June 27, 2024 (GLOBE NEWSWIRE) -- Top law firm Bleichmar Fonti & Auld LLP is investigating the PowerSchool Holdings, Inc. ("PowerSchool") (NYSE:PWSC) buyout by Bain Capital.
If you invested in PowerSchool, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases/powerschool-holdings-inc-investigation.
Why is PowerSchool being Investigated by BFA Law?
On June 7, 2024, PowerSchool publicly announced that it entered into a merger agreement to be acquired by Bain Capital, pursuant to which PowerSchool shareholders will receive $22.80 per share in cash. Minority shareholders will have no voice in the transaction because PowerSchool's controlling shareholders Vista Equity Partners ("Vista") and Onex Partners Manager LP ("Onex") have already approved the merger agreement by written consent.
PowerSchool is controlled by Vista and Onex through their collective ownership of over 70% of PowerSchool's stock. ...
PWSC) $22.80 Per Share Deal is Being Reviewed by BFA Law, Shareholders are Notified to Contact the Firm>Full story available on Benzinga.com