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Shareholder Alert: Ademi LLP investigates whether Payoneer Global Inc. is obtaining a Fair Price for Public Shareholders

GlobeNewswire Inc.·
Shareholder Alert: Ademi LLP investigates whether Payoneer Global Inc. is obtaining a Fair Price for Public Shareholders

Ademi LLP is investigating Payoneer's acquisition by Nuvei for potential breaches of fiduciary duty. Payoneer shareholders will receive $7.40 per share in cash ($2.75 billion total), but the law firm questions whether the board fulfilled its duties to shareholders and notes the transaction agreement contains significant penalties limiting competing bids.

Read Full Article at GlobeNewswire Inc.
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