Apogee Therapeutics, Inc. Common StockInvestigation into board's fiduciary duties could delay or reduce deal consideration for Apogee shareholders.
Brodsky & Smith is investigating the boards of Apogee Therapeutics, Roku, TruBridge, and Organon over potential fiduciary duty breaches in their respective merger agreements. Apogee is being acquired by AbbVie for $135.11 per share in cash, valuing the company at approximately $10.9 billion in total equity. Roku is being acquired by Fox Corporation for $160.00 per share in a mix of cash and FOX Class A common stock, with an enterprise value of about $22 billion. TruBridge is being acquired by Inventurus Knowledge Solutions for $26.25 per share in cash. Organon is being acquired by Sun Pharmaceutical Industries for $14.00 per share in an all-cash deal with an enterprise valuation of $11.75 billion. The investigations focus on whether the boards failed to conduct a fair process and whether the deal consideration provides fair value to shareholders.
Apogee Therapeutics, Inc. Common StockInvestigation into board's fiduciary duties could delay or reduce deal consideration for Apogee shareholders.
AbbVie Inc
Organon & CoInvestigation into board's fiduciary duties could delay or reduce deal consideration for Organon shareholders.
Roku IncInvestigation into board's fiduciary duties could delay or reduce deal consideration for Roku shareholders.
TruBridge Inc.Investigation into board's fiduciary duties could delay or reduce deal consideration for TruBridge shareholders.