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NEW YORK, Dec. 14, 2020 /PRNewswire/ WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of ZAGG Inc ( ZAGG or the Company ) (NASDAQ: ZAGG) in connection with the proposed acquisition of the Company by a buyer group led by Evercel, Inc. Under the terms of the acquisition agreement, the Company s shareholders will only receive $4.20 per share in cash for each share of ZAGG common stock that they hold. Additionally, ZAGG shareholders will be entitled to receive a contingent amount of up to $0.25 per share, to be paid if the Company s Paycheck Protection Program Loan is forgiven and any audit related thereto is satisfactorily completed.
INVESTIGATION ALERT: Halper Sadeh LLP Continues to Investigate the Following Companies; Shareholders are Encouraged to Contact the Firm – CPAH, MTSC, NEOS, ZAGG
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ZAGG Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Sale of ZAGG Inc Is Fair to Shareholders; Investors Are Encouraged to Contact the Firm – ZAGG
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