BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Cowen Inc. (Nasdaq – COWN), RealNetworks, Inc. (Nasdaq – RNWK), EVO Payments, Inc. (Nasdaq – EVOP), VMwar

BALA CYNWYD, Pa., Aug. 02, 2022 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky ([email protected]) or Marc Ackerman ([email protected]) at 855-576-4847. There is no cost or financial obligation to you.

Cowen Inc. (Nasdaq – COWN)

Under the terms of the agreement, Cowen will be acquired by TD Bank Group (“TD”) (TSX - TD) and (NYSE - TD). TD will acquire the outstanding equity of Cowen for $39.00 per share in cash (transaction valued at $1.3 billion). The investigation concerns whether the Cowen Board breached its fiduciary duties to shareholders by failing to conduct a fair process, and whether TD is paying too little for the Company. For example, the deal consideration is below the 52-week high of $40.86 for the Company’s shares.

Additional information can be found at https://www.brodskysmith.com/cases/cowen-inc-nasdaq-cown/.

RealNetworks, Inc. (Nasdaq – RNWK)

Under the terms of the agreement, RealNetworks will merge with Greater Heights LLC, an affiliate of the Company’s founder, Chairman and CEO, Robert D. Glaser. RealNetwork shareholders will receive $0.73 in cash for each share of RealNetworks common stock they own. Robert D. Glaser, together with his affiliates, currently owns approximately 39% of the outstanding shares of RealNetworks. The investigation concerns whether the RealNetworks Board breached its fiduciary duties to shareholders by failing to conduct a fair process, and whether Greater Heights LLC is paying too little for the Company. For example, the deal consideration is below the 52-week high of $2.05 for the Company’s shares.

Additional information can be found at https://www.brodskysmith.com/cases/realnetworks-inc-nasdaq-rnwk/.

EVO Payments, Inc. (Nasdaq – EVOP)

Under the terms of the agreement, EVO Payments will be acquired by Global Payments Inc. (NYSE - GPN). Global Payments will acquire the outstanding equity of EVO Payments for $34.00 per share in cash ($4.0 billion of enterprise value for the Company). The investigation concerns whether the EVO Payments Board breached its fiduciary duties to shareholders by failing to conduct a fair process, and whether Global Payments Inc. is paying too little for the Company.

Additional information can be found at https://www.brodskysmith.com/cases/evo-payments-inc-nasdaq-evop/.

VMware, Inc. (NYSE - VMW)

Under the terms of the agreement, VMWare will be acquired by Broadcom Inc. (“Broadcom”) (Nasdaq – AVGO). VMW shareholders will receive $142.50 in cash or 0.2520 shares of Broadcom common stock for each VMW share owned, representing an implied per-share merger consideration of approximately $121.40 based upon Broadcom's July 13, 2022 closing price of $481.73. The investigation concerns whether the VMWare Board breached its fiduciary duties to shareholders by failing to conduct a fair process, and whether Broadcom is paying too little for the Company. For example, the deal consideration is below the 52-week high of $167.83 for the Company’s shares.

Additional information can be found at https://www.brodskysmith.com/cases/vmware-inc-nyse-vmw/.

Brodsky & Smith is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.

You May Also Be Interested In

• Green Hydrogen Systems and BWSC sign strategic collaboration agreement on green hydrogen projects
• Subsea 7 S.A. Announces First Quarter 2024 Results
• Verona Pharma to Report First Quarter 2024 Financial Results and Provide Corporate Update