MILWAUKEE, Aug. 14, 2019 /PRNewswire/ -- Ademi &
O'Reilly, LLP is investigating Presidio (Nasdaq: PSDO) for
possible breaches of fiduciary duty and other violations of the law
in connection with the sale of Presidio to BC Partners.
Click here to learn how to join the action:
http://ademilaw.com/case/presidio-inc or call Guri Ademi toll-free at 866-264-3995.
There is no cost or obligation to you.
Ademi & O'Reilly, LLP alleges Presidio's financial outlook
is improving and yet shareholders will receive only $16 for each share of Presidio common stock they
own. BC Partners is acquiring Presidio at a substantial
discount. The merger agreement unreasonably limits competing
bids for Presidio by prohibiting solicitation of further bids, and
imposing a termination penalty if Presidio accepts a superior bid.
Presidio insiders will receive millions of dollars as part of
change of control arrangements. We are investigating on the conduct
of Presidio's board of directors, and whether they are (i)
fulfilling their fiduciary duties to all shareholders, and (ii)
obtaining a fair and reasonable price for Presidio.
If you own common stock in Presidio and wish to obtain
additional information, please contact Guri
Ademi either at gademi@ademilaw.com or toll-free:
866-264-3995, or http://ademilaw.com/case/presidio-inc.
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.
Contacts
Ademi & O'Reilly, LLP
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001
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SOURCE Ademi & O'Reilly, LLP