MONSEY, New York, March 08, 2022 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating whether the directors of Mandiant Inc. (ticker: MNDT) (“Mandiant”) acted in the best interests of Mandiant shareholders in approving the sale of Mandiant to Google for $23.00 per share in cash.
If you remain a Mandiant shareholder and have questions about your legal rights, you may contact our firm at the following link to discuss your options at no charge:
https://wohlfruchter.com/cases/mandiant/
Alternatively, you may contact us by phone at 866-833-6245, or via email at [email protected].
Why is there an investigation?
On March 8, 2022, Mandiant announced an agreement for Google to purchase all of the outstanding shares of Mandiant for $23.00 per share in cash. The agreement has been approved by the Mandiant board.
Our investigation concerns whether Mandiant’s board acted in the best interests of Mandiant shareholders in approving the sale to Google, including whether the acquisition price adequately compensates Mandiant shareholders, and whether all material information regarding the transaction has been fully disclosed.
In particular, according to a discounted cash flow analysis by the Simply Wall Street research firm, Mandiant’s fair value may be as high as $41.72 per share.
About Wohl & Fruchter
Wohl & Fruchter LLP, with offices in New York City and Monsey, has for over a decade been representing investors in litigation arising from fraud and other corporate misconduct, and recovered hundreds of millions of dollars in damages for investors. Please visit our website, www.wohlfruchter.com, to learn more about our Firm, or contact one of our partners.
Contact:
Wohl & Fruchter LLP
Joshua E. Fruchter
Toll Free 866.833.6245
[email protected]
www.wohlfruchter.com
