MILWAUKEE, Wis., Nov. 15, 2021 /PRNewswire/ -- Ademi LLP is investigating CyrusOne (NASDAQ: CONE), for possible breaches of fiduciary duty and other violations of law in its transaction with KKR and GIP.
Click here to learn how to join the action: https://www.ademilaw.com/case/cyrusone-inc or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you.
Ademi LLP alleges CyrusOne's financial outlook and prospects are excellent and yet CyrusOne shareholders will receive only $90.50 per share in an all-cash transaction valued at approximately $15 billion, including the assumption of debt. The merger agreement unreasonably limits competing bids for CyrusOne by prohibiting solicitation of further bids, and imposing a significant penalty if CyrusOne accepts a superior bid. CyrusOne insiders will receive substantial benefits as part of change of control arrangements.
We are investigating the conduct of CyrusOne's board of directors, and whether they are (i) fulfilling their fiduciary duties to all shareholders, and (ii) obtaining a fair and reasonable price for CyrusOne.
If you own CyrusOne common stock and wish to obtain additional information, please contact Guri Ademi either at firstname.lastname@example.org or toll-free: 866-264-3995, or https://www.ademilaw.com/case/cyrusone-inc.
We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights throughout the country. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.
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SOURCE Ademi LLP