Shareholder Alert: Ademi LLP investigates whether Domtar Corporation has obtained a Fair Price in its transaction with Paper Excellence
MILWAUKEE, May 11, 2021 /PRNewswire/ -- Ademi LLP is investigating Domtar (NYSE: UFS) for possible breaches of fiduciary duty and other violations of law in its transaction with Paper Excellence.
Click here to learn how to join the action: https://www.ademilaw.com/case/domtar-corporation or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you.
Ademi LLP alleges Domtar's financial outlook is excellent and yet Domtar shareholders will receive only $55.50 per share, in cash. The merger agreement unreasonably limits competing bids for Domtar by prohibiting solicitation of further bids, and imposing a termination penalty if Domtar accepts a superior bid. Domtar insiders will receive millions of dollars as part of change of control arrangements. We are investigating the conduct of Domtar'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 Domtar.
If you own Domtar 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/domtar-corporation.
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
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article