Shareholder Alert: Ademi LLP investigates whether Datto Holding Corp. has obtained a Fair Price in its transaction with Kaseya
MILWAUKEE, April 11, 2022 /PRNewswire/ -- Ademi LLP is investigating Datto (NYSE: MSP) for possible breaches of fiduciary duty and other violations of law in its transaction with Kaseya.
Click here to learn how to join the action: https://www.ademilaw.com/case/datto-holding-corp or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you.
Ademi LLP alleges Datto's financial outlook and prospects are excellent and yet Datto shareholders will receive only $35.50 per share in a transaction that values Datto at approximately $6.2 billion. The transaction agreement unreasonably limits competing bids for Datto by prohibiting solicitation of further bids, and imposing a significant penalty if Datto accepts a superior bid. Datto insiders will receive substantial benefits as part of change of control arrangements.
We are investigating the conduct of Datto'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 Datto.
If you own Datto 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/datto-holding-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) 482-800
SOURCE Ademi LLP
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