PTC Inc.

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Practice Area:
Stock Symbol: PTC
Case Status: Investigations

Ademi LLP is investigating whether the proposed acquisition of PTC (NASDAQ: PTC) by Schneider Electric, provides fair value to PTC’s public shareholders and whether PTC’s Board adequately protected shareholder interests in negotiating and approving the transaction.

What Is Ademi LLP Investigating?

  • The exchange ratio and whether it adequately reflects PTC’s value and future prospects;
  • Substantial change-of-control benefits available to PTC insiders in connection with the transaction;
  • Restrictions on competing transactions, including a significant termination penalty that may discourage another potential buyer from making a superior proposal; and
  • The conduct of PTC’s Board of Directors in negotiating and approving the transaction and whether the Board fulfilled its duties to public shareholders.

 

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