FINAL INVESTIGATION NOTICE: Kaskela Law LLC Announces Investigation of VIZIO Holding Corp. (VZIO) Proposed $11.50 Per Share Shareholder Buyout and Encourages Investors to Contact the Firm
PHILADELPHIA, March 25, 2024 /PRNewswire/ -- Kaskela Law LLC is investigating the fairness of the recently proposed buyout of VIZIO Holding Corp. (NYSE: VZIO) ("VIZIO") stockholders.
On February 20, 2024, VIZIO announced that it had agreed to be acquired by Walmart at a price of $11.50 per share in cash. Following the closing of the proposed transaction, VIZIO's current stockholders will be cashed out of their investment position and the company's shares will no longer be publicly traded.
The investigation thus far has revealed that the process leading up to the announcement of the merger appears to have significant conflicts of interest, thus making the sales process as well as the consideration appear unfair to the company's shareholders. Notably, immediately prior to the announcement of the proposed transaction, at least one stock analyst was maintaining a price target for VIZIO shares at $16.00 per share.
VIZIO shareholders are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq. or Adrienne Bell, Esq.) at (888) 715 ? 1740 or (484) 229 ? 0750, or by email ([email protected] / [email protected]) or online at https://kaskelalaw.com/cases/vizio-holding-corp/, for additional information about this investigation and their legal rights and options.
Kaskela Law LLC exclusively represents investors in securities fraud, corporate governance, and merger & acquisition litigation on a contingent basis. For additional information about Kaskela Law LLC please visit www.kaskelalaw.com.
CONTACT:
KASKELA LAW LLC
D. Seamus Kaskela, Esq.
Adrienne Bell, Esq.
18 Campus Blvd., Suite 100
Newtown Square, PA 19073
(888) 715 ? 1740
www.kaskelalaw.com
This notice may constitute attorney advertising in certain jurisdictions.
SOURCE Kaskela Law LLC
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