MILWAUKEE, Feb. 20, 2024 /PRNewswire/ — Ademi LLP is investigating VIZIO (Nasdaq: VZIO) for possible breaches of fiduciary duty and other violations of law in its transaction with Walmart.
Click here to learn how to join the https://www.ademilaw.com/case/vizio-holding-corp or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you.
In the transaction, VIZIO shareholders will receive only $11.50 per share in cash, equating to a fully diluted equity value of approximately $2.3 billion. The transaction agreement unreasonably limits competing transactions for VIZIO by imposing a significant penalty if VIZIO accepts a competing bid. VIZIO insiders will receive substantial benefits as part of change of control arrangements.
We are investigating the conduct of VIZIO’s board of directors, and whether they are fulfilling their fiduciary duties to all shareholders.
If you own VIZIO 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/vizio-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.
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Guri Ademi
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