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News  ›  GlobeNewswire Inc.

$HAREHOLDER ALERT: The M&A Class Action Firm Is Investigating the Merger—DVAX, FONR, DBRG, and ONTF

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Juan Monteverde
$HAREHOLDER ALERT: The M&A Class Action Firm Is Investigating the Merger—DVAX, FONR, DBRG, and ONTF

Class action law firm Monteverde & Associates PC is investigating four merger and acquisition transactions: Dynavax Technologies' sale to Sanofi ($15.50/share), FONAR Corporation's sale to affiliates of its CEO ($19.00-$6.34/share), DigitalBridge Group's sale to SoftBank ($16.00/share), and ON24's sale to Cvent Atlanta ($8.10/share). The firm is seeking shareholders to determine if the proposed deal terms are fair.

Insights
KMB   neutral

Mentioned as an offtake agreement partner for green hydrogen, indicating potential sustainability initiatives


DVAX   negative

Under investigation by class action firm regarding sale to Sanofi, suggesting potential concerns about deal fairness or shareholder value