CDK Global, Inc.
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CDK GLOBAL (CDK) STOCK ALERT: HALPER SADEH LLP IS INVESTIGATING WHETHER THE SALE OF CDK GLOBAL, INC. IS FAIR TO SHAREHOLDERS
April 7, 2022.
New York, New York—Halper Sadeh LLP, an investor rights law firm, is investigating whether the sale of CDK Global, Inc. (NASDAQ: CDK) to Brookfield Business Partners and its institutional partners for $54.87 per share in cash is fair to CDK Global shareholders.
The investigation concerns whether CDK Global and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for CDK Global shareholders; (2) determine whether Brookfield is underpaying for CDK Global; and (3) disclose all material information necessary for CDK Global shareholders to adequately assess and value the merger consideration. On behalf of CDK Global shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.
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