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Everbridge Shareholders to Receive $35.00 Per Share in Cash, an Increase of $6.40 Per Share Over Previously Announced Transaction Represents 62% Premium to Everbridge 90-Day Volume-Weighted Average...
From Bloomberg: Ancora Holdings Group of Cleveland plans to withhold support for Everbridge Inc. chairman Jaime Ellertson and three other long-tenured directors, arguing they bear responsibility for overseeing the dramatic decline in the software company's performance. Ancora, which owns a 4% stake in Everbridge, in a letter to fellow stockholders Thursday, April 28, also renewed its call for the company to put itself up for sale.