MILWAUKEE, Oct. 12, 2023 /PRNewswire/ -- Ademi LLP is investigating Bsquare (Nasdaq: BSQR) for possible breaches of fiduciary duty and other violations of law in its transaction with Kontron.
Click here to learn how to join the action https://www.ademilaw.com/case/bsquare-corporation or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you.
In the transaction, Bsquare stockholders are expected to receive only $1.90 per share of common stock in cash, for a total equity value of approximately $38 million. The transaction agreement unreasonably limits competing transactions for Bsquare by imposing a significant penalty if Bsquare accepts a competing bid. Bsquare insiders will receive substantial benefits as part of change of control arrangements.
We are investigating the conduct of Bsquare's board of directors, and whether they are fulfilling their fiduciary duties to all shareholders.
If you own Bsquare 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/bsquare-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
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