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MILWAUKEE, April 12, 2023 /PRNewswire/ -- Ademi LLP is investigating NI (NASDAQ: NATI) for possible breaches of fiduciary duty and other violations of law in its transaction with Alliance.
Click here to learn how to join the action https://www.ademilaw.com/case/national-instruments-corporation-0 or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you.
Ademi LLP alleges NI's financial outlook and prospects are excellent and yet NI's shareholders are expected to receive only $60 per share in cash at an equity value of $8.2 billion. The transaction agreement unreasonably limits competing bids for NI by imposing a significant penalty if NI accepts a superior bid. NI insiders will receive substantial benefits as part of change of control arrangements.
We are investigating the conduct of NI'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 NI.
If you own NI common stock and wish to obtain additional information, please contact Guri Ademi either at gademi@ademilaw.com or toll-free: 866-264-3995, or https://www.ademilaw.com/case/national-instruments-corporation-0.
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
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SOURCE Ademi LLP