SMAR Alert: Monsey Firm of Wohl & Fruchter Renews Investigation Into the Proposed Sale of Smartsheet to Blackstone and Vista Equity Partners
Portfolio Pulse from
The Monsey firm of Wohl & Fruchter has renewed its investigation into the fairness of the proposed sale of Smartsheet to Vista Equity Partners and Blackstone for $56.50 per share in cash.
November 06, 2024 | 2:30 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Wohl & Fruchter is investigating the fairness of Smartsheet's proposed sale to Vista Equity Partners and Blackstone for $56.50 per share.
The investigation by Wohl & Fruchter into the fairness of the sale could impact investor sentiment. However, the outcome of the investigation is uncertain, leading to a neutral short-term impact on SMAR's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100