SAN DIEGO, Jan. 27, 2021 /PRNewswire/ -- Shareholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of Perspecta Inc. (NYSE: PRSP) breached their fiduciary duties in connection with the proposed sale of the Company to Veritas Capital.
On January 27, 2021, Perspecta announced that it had entered into a definitive merger agreement with Veritas Capital. Under the terms of the deal, Perspecta stockholders will receive $29.35 per share in cash.
The investigation concerns whether the Perspecta board failed to satisfy its duties to the Company shareholders, including whether the board adequately pursued alternatives to the acquisition and whether the board obtained the best price possible for Perspecta shares of common stock.
If you are a Perspecta shareholder and believe the proposed buyout price is too low or you're interested in learning more about the investigation, please contact lead analyst Jim Baker ([email protected]) at 619-814-4471. If emailing, please include a phone number.
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SOURCE Johnson Fistel, LLP