GREENSKY ALERT: Bragar Eagel & Squire, P.C. Investigates Sale of GSKY and Encourages Investors to Contact the Firm
September 15, 2021 at 16:51 PM EDT
NEW YORK, Sept. 15, 2021 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, has launched an investigation into whether the officers or directors of GreenSky, Inc. (NASDAQ: GSKY) breached their fiduciary duties or violated the federal securities laws in connection with the company’s acquisition by The Goldman Sachs Group, Inc. (NYSE: GS).
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On September 15, 2021, GreenSky announced that it had entered into an agreement to be acquired by Goldman Sachs in a deal valued at approximately $2.24 billion. Pursuant to the merger agreement, GreenSky stockholders will receive 0.03 shares of Goldman Sachs common stock for each share of GreenSky Class A common stock owned. The deal is scheduled to close in the fourth quarter of 2021 or the first quarter of 2022.
Bragar Eagel & Squire is concerned that GreenSky’s board of directors oversaw an unfair process and ultimately agreed to an inadequate merger agreement. Accordingly, the firm is investigating all relevant aspects of the deal and is committed to securing the best result possible for GreenSky’s stockholders.
If you own shares of GreenSky and are concerned about the proposed merger, or you are interested in learning more about the investigation or your legal rights and remedies, please contact Melissa Fortunato or Alexandra Raymond by email at email@example.com or telephone at (646) 860-9157, or by filling out this contact form. There is no cost or obligation to you.
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