WILMINGTON, Del., Oct. 17, 2022 (GLOBE NEWSWIRE) — Andrews & Springer LLC, a boutique securities class action attorney firm focused on representing shareholders nationwide, is investigating potential breach of fiduciary claims against the board of directors of EVO Payments, Inc. (NASDAQGM: EVOP) (“EVO” or the “Company”) in Regarding the sale of the Company to Global Payments, Inc. (“Global”). On August 1, 2022, the two parties announced the signing of a definitive merger agreement under which Global will acquire EVO in an approximately $4 billion merger. As a result of the merger, EVO shareholders are expected to receive only $34.00 per share in cash in exchange for each share of EVO.
Our Company’s investigation to date has determined that the process leading to the merger announcement appears to have significant conflicts of interest, rendering the process and consideration unfair.
Andrews & Springer is also investigating whether EVO’s directors are in breach of their fiduciary duties by failing to maximize shareholder value. Our investigation also examines whether EVO’s top executives conflicted and acted in their own best interest in approving the merger, rendering the process and consideration unfair.
If you own shares of EVO and would like to receive additional information and protect your investments for free, please visit us at http://www.andrewsspringer.com/cases-investigations/evo-payments-merger-class-action/ or contact Craig J. Springer, Esq. at [email protected], or call toll-free at 1-800-423-6013. You can also follow us on LinkedIn – www.linkedin.com/company/andrews-&-springer-llcTwitter – www.twitter.com/AndrewsSpringer or Facebook- www.facebook.com/AndrewsSpringer for future updates.
Andrews & Springer is a boutique securities firm representing shareholders nationwide who are victims of securities fraud, breaches of fiduciary duty or…
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