Unite with Fellow Investors
Choose the Best Attorney
Follow Case Progress
id: 710, Created by Stan Vick, Scout
National Instruments (NATI) M&A Case
What do I get by joining?
- You will get case updates and receive a payout in case of success
- If you would like to actively participate, you will be connected to the attorney
- No, you do not pay anything out of your pocket neither to us nor to attorney
On April 12, 2023, Emerson (NYSE: EMR) and National Instruments (Nasdaq: NATI) announced that they entered into a definitive agreement under which Emerson will acquire NI for $60 per share in cash at an equity value of $8.2 billion.
Emerson already owned approximately 2.3 million shares of NI, representing approximately 2% of shares outstanding, which were acquired at a weighted average price of $36.84.
Investors of $NATI may have reasons to suspect that the pricing terms of the M&A transaction are unfair and that the Company BoD breached fiduciary duties to shareholders.
Failure to Disclose,
Breach of Fiduciary duty,
Shock Event Date
12 April 2023