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AVDX Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Sale of AvidXchange Holdings to TPG Global and Corpay
AvidXchange AvidXchange (US:AVDX) GlobeNewswire News Room·2025-07-03 20:48

MONSEY, N.Y., July 03, 2025 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the proposed sale of AvidXchange Holdings, Inc. (Nasdaq: AVDX) (“Avid”) to TPG Global LLC (“TPG”) and Corpay, Inc. (“Corpay”) for $10.00 per share in cash. On June 17, 2025, Avid filed a preliminary proxy statement (“Proxy”) with the SEC under Section 14(a) of the Exchange Act soliciting Avid stockholders to vote for the proposed sale at a special meeting yet to be scheduled. In the law firm’ ...