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.
Read more at prnewswire.comBGRY SHAREHOLDER ALERT: Jakubowitz Law Reminds Berkshire Grey, Inc. Shareholders of an Investigation into the Fairness of the Acquisition by SoftBank Group Corp.
PR Newswire - Press Release
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