Shareholder rights law firm Robbins LLP reminds investors it is investigating the acquisition of Focus Financial Partners, Inc. (NASDAQ: FOCS) by Clayton, Dubilier & Rice. Under the terms of the agreement, Focus Financial stockholders will receive $53.00 in cash for each share of Focus Financial common stock owned.
If you own shares of Focus Financial Partners, Inc., click here.
Is the Proposed Acquisition Best for Focus Financial Partners, Inc. (FOCS) and its Shareholders?
On February 27, 2023, Focus Financial announced a deal to be acquired by Clayton, Dubilier & Rice. According to the Proxy Statement, Focus Financial's board of directors approved the merger agreement for $53.00 per share in cash. The deal is valued at approximately $7 billion and is expected to close the third quarter of 2023. Robbins LLP is concerned that Focus Financial's board of directors engaged in an unfair process and agreed to an unfair amount to be paid to shareholders.
Next Steps: If you own shares of Focus Financial Partners, Inc. (FOCS) you have legal options. Contact us to learn more about your legal rights.
All representation is on a contingency fee basis. Shareholders pay no fees or expenses.
About Robbins LLP: A recognized leader in shareholder rights litigation, the attorneys and staff of Robbins LLP have been dedicated to helping shareholders recover losses, improve corporate governance structures, and hold company executives accountable for their wrongdoing since 2002. Since our inception, we have obtained over $1 billion in value for shareholders. To be notified if a class action against Focus Financial Partners, Inc. settles or to receive free alerts when corporate executives engage in wrongdoing, sign up for Stock Watch today.
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