PHILADELPHIA, PA / ACCESSWIRE / December 29, 2021 / Kaskela Law LLC announces that is investigating Bottomline Technologies, Inc. (NASDAQ:EPAY) on behalf of the Company's shareholders.
On December 17, 2021, Bottomline announced that it had entered into an agreement to be acquired by private equity firm Thoma Bravo in a $2.6 billion transaction. According to the announcement, Bottomline stockholders are expected to receive $57.00 per share in cash for their EPAY shares. Following the closing of the transaction, shares of Bottomline's common stock will no longer be publicly traded.
The investigation seeks to determine whether Bottomline and/or the company's officers and directors violated the securities laws and/or breached their fiduciary duties to EPAY stockholders by failing to adequately shop the company and maximize the buyout price for investors.
Bottomline shareholders are encouraged to contact Kaskela Law LLC (David Seamus Kaskela, Esq.) at (484) 258 - 1585, or by email (email@example.com) or online at https://kaskelalaw.com/cases/bottomline-technologies-inc/, to receive additional information about this investigation and their legal rights and options.
Kaskela Law LLC exclusively represents investors in securities fraud, corporate governance, and merger & acquisition litigation. For additional information about Kaskela Law LLC please visit www.kaskelalaw.com.
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SOURCE: Kaskela Law LLC
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