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BALA CYNWYD, PA / ACCESSWIRE / November 12, 2021 / Brodsky & Smith reminds investors of investigations it is conducting regarding the following companies for possible breaches of fiduciary duty and other violations of federal and state law with respect to proposed acquisition transactions.If you own shares of any of the below-referenced stocks and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire, or Marc L. Ackerman, Esquire at Brodsky & Smith, Two Bala Plaza, Suite 805, Bala Cynwyd, PA 19004, or calling toll free 855-576-4847. There is no cost or financial obligation to you.
McAfee Corp. (Nasdaq:MCFE)
Under the terms of the merger agreement, the Investor Group will acquire all outstanding shares of McAfee common stock for $26.00 per share in an all-cash transaction. The investigation concerns whether the McAfee Board breached its fiduciary duties to shareholders by failing to conduct a fair process, and whether the Investor Group is paying too little for the Company. For example, the deal consideration is below the 52-week high of $32.83 for the Company's shares.
Additional information can be found at https://www.brodskysmith.com/cases/mcafee-corp-nasdaq-mcfe/, or call 855-576-4847. No cost or obligation to you.
Momentive (Nasdaq:MNTV)
Under the terms of the Merger Agreement, Momentive will be acquired by Zendesk (NYSE - ZEN) in an all-stock transaction where Momentive stockholders will receive only 0.225 shares of Zendesk stock for each share of Momentive stock they own. The investigation concerns whether the Momentive Board breached its fiduciary duties to shareholders by failing to conduct a fair process, and whether Zendesk is paying too little for the Company.
Additional information can be found at https://www.brodskysmith.com/cases/momentive-nasdaq-mntv/, or call 855-576-4847. No cost or obligation to you.
BayCom Corp (Nasdaq:BCML)
Under the terms of the merger agreement, each Pacific Enterprise Bancorp ("PEB") (OTC - PEBN) shareholder will receive 1.0292 shares of BayCom common stock in exchange for each share of PEB common stock they hold. PEB shareholders will own approximately 22.4% of the outstanding shares of BayCom's common stock immediately following the consummation of the transaction. The investigation concerns whether the BayCom Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including the dilution of ownership interest in the combined company.