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Wolf Popper LLP is Investigating Whether the Sale of Thoughtworks Holding, Inc Is Fair to Shareholders
ThoughtworksThoughtworks(US:TWKS) GlobeNewswire News Room·2024-08-07 19:00

NEW YORK, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Wolf Popper LLP is investigating claims on behalf of investors in Thoughtworks Holding, Inc. (NASDAQ: TWKS) concerning the acquisition of Thoughtworks by its controlling shareholder, Apax Partners LLP. Under the terms of the acquisition, Thoughtworks shareholders would receive 4.40pershareincash.AccordingtoWolfPopperpartnerCarlStine,"Thedealpriceof4.40 per share in cash. According to Wolf Popper partner Carl Stine, "The deal price of 4.40 per share seems unfairly low. It is significantly below Thoughtworks' 52-week high stock price ...