SAN DIEGO, Dec. 01, 2023 (GLOBE NEWSWIRE) -- Stakeholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of Rover Group, Inc. (NASDAQ:ROVR) breached their fiduciary duties in connection with the proposed sale of the Company to Blackstone.
On November 29, 2023, Rover announced that it had entered a deal with Blackstone. Under the terms of this agreement, stakeholders will receive $11.00 per share in an all-cash offer.
The investigation concerns whether the Rover Group board failed to satisfy its duties to ...