Bragar Eagel & Squire Investigates Merger of DAtto and Kaseya
Breaching fiduciary duties or violating federal securities laws
This is a Press Release edited by StorageNewsletter.com on April 15, 2022 at 2:02 pmBragar Eagel & Squire, P.C., a stockholder rights law firm, has launched an investigation into whether the officers or directors of Datto Holding Corp. breached their fiduciary duties or violated the federal securities laws in connection with the company’s acquisition by Kaseya International Ltd.
On April 11, 2022, Datto announced that it had entered into an agreement to be acquired by Kaseya in a deal valued at approximately $6.2 billion. Pursuant to the merger agreement, Datto stockholders will receive $35.50 in cash for each share of Datto common stock owned. The deal is scheduled to close in 2H22.
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