BALA CYNWYD, Pa., Feb. 12, 2024 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky (jbrodsky@brodskysmith.com) or Marc Ackerman (mackerman@brodskysmith.com) at 855-576-4847. There is no cost or financial obligation to you.
CymaBay Therapeutics, Inc. (Nasdaq “ NASDAQ:CBAY)
Under the terms of the agreement, CymaBay Therapeutics will be acquired by Gilead Sciences, Inc. (Nasdaq - NASDAQ:GILD) for $32.50 per share in cash or a total equity value of $4.3 billion. The investigation concerns whether the CymaBay Therapeutics Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether Gilead Sciences is paying fair value to shareholders of the Company.
Additional information can be found at https://www.brodskysmith.com/cases/cymabay-therapeutics-inc-nasdaq-cbay/.
Masonite International (NYSE:DOOR) Corporation (NYSE “ DOOR)
Under the terms of the agreement, DOOR will be acquired by Owens Corning (NYSE “ NYSE:OC) for $133.00 in cash per share in a transaction valued at approximately $3.9 billion. The investigation concerns whether the DOOR Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether Owens Corning (NYSE:GLW) is paying fair value to shareholders of the Company.
Additional information can be found at https://www.brodskysmith.com/cases/masonite-international-corporation-nyse-door/.
RayzeBio, Inc. (Nasdaq “ RYZB)
Under the terms of the agreement, RayzeBio will be acquired by Bristol Myers Squibb (NYSE: NYSE:BMY) in an all-cash transaction valued at approximately $4.1 billion. Under the terms of the agreement, RayzeBio stockholders will receive $62.50 per share in cash upon completion of the proposed transaction. The investigation concerns whether the RayzeBio Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether Bristol Myers Squibb is paying fair value to shareholders of the Company.
Additional information can be found at https://www.brodskysmith.com/cases/rayzebio-inc-nasdaq-ryzb.
ZeroFox Holdings, Inc. (Nasdaq “ ZFOX)
Under the terms of the Merger Agreement, ZeroFox will be acquired by Haveli Investments. ZeroFox shareholders will receive $1.14 per share in an all-cash transaction with an enterprise value of approximately $350 million. The investigation concerns whether the ZeroFox Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether Haveli Investments is paying fair value to shareholders of the Company.
Additional information can be found at https://www.brodskysmith.com/cases/zerofox-holdings-inc-nasdaq-zfox/.
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