NEW YORK CITY, NY / ACCESSWIRE / November 5, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating the merger between Thoughtworks Holding, Inc. ("Thoughtworks") (NASDAQ:TWKS) and Apax Partners LLP. Investors who purchased Thoughtworks and continue to hold to the present are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/TWKS.
Investigation Details
The investigation concerns whether Thoughtworks's board of directors breached its fiduciary duties and failed to provide relevant information to its shareholders before the merger.
On August 5, 2024, Thoughtworks announced a deal to be acquired by an affiliate of funds advised by Apax Partners LLP in a take private transaction. According to the news release, Thoughtworks' board of directors approved the merger agreement for $4.40 per share in cash. The deal is valued at approximately $1.75 billion and is expected to close in the fourth quarter of 2024.
What's Next?
If you are aware of any facts relating to this investigation or purchased Thoughtworks shares, you can assist this investigation by visiting the firm's site: bgandg.com/TWKS. You can also contact Peretz Bronstein or his client relations manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660.
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Contact
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Nathan Miller
332-239-2660 | [email protected]
SOURCE: Bronstein, Gewirtz & Grossman, LLC