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PHILADELPHIA, February 15, 2021 (GLOBE NEWSWIRE) – Kaskela Law LLC announces that it is investigating Synacor, Inc. (Nasdaq: SYNC) (“Synacor” or the “Company”) on behalf of the shareholders of the Company.
On February 11, 2021, Synacor announced that it had entered into an agreement to be acquired by private investment firm Center Lane Partners, LLC (“Center Lane”) at a price of $ 2.20 per share in cash . Following the closing of the proposed transaction, the ordinary shares of Synacor will no longer be listed on the stock exchange.
The investigation aims to determine whether the proposed $ 2.20 per share provides sufficient consideration to Synacor’s shareholders and whether Synacor’s officers and / or directors have breached their fiduciary duties by agreeing to sell the company to Center Lane.
Synacor shareholders are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq.) at (484) 258-1585, or by email to [email protected] or online at https://kaskelalaw.com/case/synacor-inc/, for more information on this survey and their legal rights and options.
Kaskela Law LLC represents investors in securities fraud, corporate governance and merger and acquisition litigation. For more information about Kaskela Law LLC, please visit www.kaskelalaw.com.
CONTACT:
D. Seamus Kaskela, Esq.
KASKELA LAW LLC
18, boulevard Campus, bureau 100
Newtown Square, PA 19073
(484) 258 – 1585
[email protected]
www.kaskelalaw.com
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