MILWAUKEE, Nov. 8, 2021 /PRNewswire/ -- Ademi LLP is investigating McAfee (NASDAQ: MCFE), for possible breaches of fiduciary duty and other violations of law in its transaction with the Investor Group.
Click here to learn how to join the action: https://www.ademilaw.com/case/mcafee-corp or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you.
Ademi LLP alleges McAfee's financial outlook and prospects are excellent and yet McAfee shareholders will receive only $26.00 per share in an all-cash transaction valued at approximately $12 billion on an equity value basis, and over $14 billion on an enterprise value basis after giving effect to repayment of McAfee debt. The merger agreement unreasonably limits competing bids for McAfee by prohibiting solicitation of further bids, and imposing a significant penalty if McAfee accepts a superior bid. McAfee insiders will receive substantial benefits as part of change of control arrangements.
We are investigating the conduct of McAfee's board of directors, and whether they are (i) fulfilling their fiduciary duties to all shareholders, and (ii) obtaining a fair and reasonable price for McAfee.
If you own McAfee common stock and wish to obtain additional information, please contact Guri Ademi either at [email protected] or toll-free: 866-264-3995, or https://www.ademilaw.com/case/mcafee-corp.
We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights throughout the country. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.
Contacts
Ademi LLP
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001
SOURCE Ademi LLP
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