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BGRY Berkshire Grey Inc

1.40
0.00 (0.00%)
After Hours
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Berkshire Grey Inc NASDAQ:BGRY NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1.40 1.47 1.33 0 01:00:00

BGRY SHAREHOLDER ALERT: Jakubowitz Law Reminds Berkshire Grey, Inc. Shareholders of an Investigation into the Fairness of the Acquisition by SoftBank Group Corp.

19/05/2023 6:26pm

PR Newswire (US)


Berkshire Grey (NASDAQ:BGRY)
Historical Stock Chart


From Jun 2022 to Jun 2024

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NEW YORK, May 19, 2023 /PRNewswire/ -- Jakubowitz Law announces that a merger investigation has commenced on behalf of shareholders of Berkshire Grey, Inc. (NASDAQ: BGRY). This investigation concerns the fairness of the transaction between Berkshire and SoftBank Group Corp. ("SoftBank"). On March 24, 2023, the Company announced that it had entered into an agreement and plan of merger (the "Merger") with SoftBank, which holds approximately 27.0% of voting power in the Company. As a result of the Merger, Berkshire Grey stockholders are anticipated to receive only $1.40 per share in cash in exchange for each share of Berkshire Grey, well below the 52-week high of $2.87 per share.

To be contacted by a member of our team, fill out the form:
https://claimyourloss.com/mergeracquisition/berkshire-grey-inc-submission-form/

The Berkshire Grey Merger investigation concerns whether the executives and directors of Berkshire Grey have breached their fiduciary duties and harmed stockholders by agreeing to and failing to terminate an inadequate transaction with SoftBank, and whether all material facts have been properly disclosed to stockholders.

Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (628) 895-0423
F: (212) 537-5887

Cision View original content:https://www.prnewswire.com/news-releases/bgry-shareholder-alert-jakubowitz-law-reminds-berkshire-grey-inc-shareholders-of-an-investigation-into-the-fairness-of-the-acquisition-by-softbank-group-corp-301829653.html

SOURCE Jakubowitz Law

Copyright 2023 PR Newswire

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