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NATI.US
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.
Alleged Offence
Misleading Statements,
Financial Misrepresentation,
Failure to Disclose,
Malpractice,
Breach of Fiduciary duty,
Omissions
Suspected Party
Directors,
Management,
Shareholder,
Investment Bank,
Service Provider
Security Type
Stocks
Trade Direction
Long
Shock Event Date
12 April 2023