PR Newswire
MILWAUKEE, Jan. 17, 2024
MILWAUKEE, Jan. 17, 2024 /PRNewswire/ -- Ademi LLP is investigating PGTI (NYSE: PGTI) for possible breaches of fiduciary duty and other violations of law in its transaction with MITER.
Click here to learn how to join the https://www.ademilaw.com/case/pgt-innovations-inc-0 or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you.
In the transaction, PGTI stockholders will receive only $42.00 per share in cash, or an enterprise value of approximately $3.1 billion. The transaction agreement unreasonably limits competing transactions for PGTI by imposing a significant penalty if PGTI accepts a competing bid. PGTI insiders will receive substantial benefits as part of change of control arrangements.
We are investigating the conduct of PGTI' board of directors, and whether they are fulfilling their fiduciary duties to all shareholders.
If you own PGTI 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/pgt-innovations-inc-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
View original content to download multimedia:https://www.prnewswire.com/news-releases/shareholder-alert-ademi-llp-investigates-whether-pgt-innovations-inc-has-obtained-a-fair-price-in-its-transaction-with-miter-302037351.html
SOURCE Ademi LLP
