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Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of The ADT Corporation (NYSE: ADT) acted responsibly on behalf of investors’ profitability in the planned $6.9 billion sale to Apollo Global Management LLC (NYSE: APO).
On February 16, 2016, The ADT Corporation (NYSE: ADT) and Apollo Global Management LLC (NYSE: APO) announced that they had entered into a merger agreement. Under the terms of the merger agreement, Apollo Global Management will offer The ADT Corporation shareholders $42.00 per share in cash for all outstanding shares.
Based in Boca Raton, Florida, and founded in 1874 The ADT Corporation provides monitored security, interactive home and business automation, and related monitoring services.
The investigation is looking to uncover whether The ADT Corporation was undervalued at the cost of the shareholders considering one analyst’s opinion of their stock is valued at $45.00 per share.
If you purchased The ADT Corporation (NYSE: ADT) prior to February 16, 2016, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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