Shareholder Alert: Ademi LLP investigates whether Cerner Corporation has obtained a Fair Price in its transaction with Oracle
MILWAUKEE, Dec. 20, 2021 /PRNewswire/ -- Ademi LLP is investigating Cerner (Nasdaq: CERN) for possible breaches of fiduciary duty and other violations of law in its transaction with Oracle.
Click here to learn how to join the action: https://www.ademilaw.com/case/cerner-corporation or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you.
Ademi LLP alleges Cerner's financial outlook and prospects are excellent and yet Cerner shareholders will receive only $95.00 per share, or approximately $28.3 billion in equity value. The merger agreement unreasonably limits competing bids for Cerner by prohibiting solicitation of further bids, and imposing a significant penalty if Cerner accepts a superior bid. Cerner insiders will receive substantial benefits as part of change of control arrangements.
We are investigating the conduct of Cerner'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 Cerner.
If you own Cerner 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/cerner-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