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