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Shareholder Alert: Ademi LLP Investigates Whether Patterson Companies, Inc. Is Obtaining a Fair Price for Its Public Shareholders

Shareholder Alert: Ademi LLP Investigates Whether Patterson Companies, Inc. Is Obtaining a Fair Price for Its Public Shareholders

By AP News
Published - Dec 11, 2024, 07:23 AM ET
Last Updated - Dec 16, 2024, 05:00 PM EST

MILWAUKEE--(BUSINESS WIRE)--Dec 11, 2024--

Ademi LLP is investigating Patterson (Nasdaq: PDCO) for possible breaches of fiduciary duty and other violations of law in its transaction with Patient Square .

Click here to learn how to join our investigation and obtain additional information or contact us at gademi@ademilaw.com or toll-free: 866-264-3995. There is no cost or obligation to you.

In the transaction, Patterson shareholders will receive $31.35 in cash per share. Patterson insiders will receive substantial benefits as part of change of control arrangements.

The transaction agreement unreasonably limits competing transactions for Patterson by imposing a significant penalty if Patterson accepts a competing bid. We are investigating the conduct of Patterson’s board of directors, and whether they are fulfilling their fiduciary duties to all shareholders.

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.

View source version on businesswire.com:https://www.businesswire.com/news/home/20241211688092/en/

CONTACT: Ademi LLP

Guri Ademi

Toll Free: (866) 264-3995

Fax: (414) 482-8001

KEYWORD: WISCONSIN UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: CLASS ACTION LAWSUIT PROFESSIONAL SERVICES LEGAL

SOURCE: Ademi LLP

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