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Stock impact report

BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Rover Group, Inc. (Nasdaq - ROVR), M.D.C. Holdings, Inc. (NYSE - MDC), Taro Pharmaceutical Industri...

Rover Group, Inc. - Class A (ROVR) 
Company Research Source: GlobeNewswire
BALA CYNWYD, Pa., Jan. 26, 2024 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky (jbrodsky@brodskysmith.com) or Marc Ackerman (mackerman@brodskysmith.com) at 855-576-4847. There is no cost or financial obligation to you. Rover Group, Inc. (Nasdaq - ROVR) Under the terms of the agreement, Rover will be acquired by private equity funds managed by Blackstone in an all-cash transaction valued at approximately $2.3 billion. Under the terms of the agreement, Rover stockholders will receive $11.00 per share in cash for each share of Rover they own. The investigation concerns whether the Rover Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether Blackstone is paying fair value to shareholders of the Company. Additional information can be found at https://www.brodskysmith.com/cases/rover-group-inc-nasdaq-rovr/. Show less Read more
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