Engel Law PLLC is investigating whether fair value to Absolute Software™ Corp. (NASDAQ: ABST) shareholders will result from the proposed acquisition of Absolute by funds affiliated with Crosspoint Capital Partners, L.P. for $11.50 in cash for each Absolute share.
The Firm’s investigation concerns:
(i) whether the Company’s board of directors acted in the best interests of Company shareholders in agreeing to the proposed transaction;
(ii) whether the merger consideration adequately compensates the Company’s shareholders; and
(iii) whether all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed.