Shareholder Alert: Ademi LLP investigates whether PetIQ, Inc. has obtained a Fair Price for its Public Shareholders

MILWAUKEE, Aug. 7, 2024 /PRNewswire/ -- Ademi LLP is investigating PetIQ (Nasdaq: PETQ) for possible breaches of fiduciary duty and other violations of law in its transaction with Bansk.

Click here to learn how to join our investigation https://www.ademilaw.com/case/petiq-inc or call Guri Ademi toll-free at 866-264-3995.  There is no cost or obligation to you.

PetIQ shareholders will receive only $31.00 per share, in an all-cash transaction valued at approximately $1.5 billion. The transaction agreement unreasonably limits competing transactions for PetIQ by imposing a significant penalty if PetIQ accepts a competing bid. PetIQ insiders will receive substantial benefits as part of change of control arrangements.

We are investigating the conduct of PetIQ's board of directors, and whether they are fulfilling their fiduciary duties to all shareholders.

If you own PetIQ common stock and wish to obtain additional information, please contact Guri Ademi either at gademi@ademilaw.com or toll-free: 866-264-3995, or https://www.ademilaw.com/case/petiq-inc.            

We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights throughout the country. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.

Contacts

Ademi LLP                                                
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001

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SOURCE Ademi LLP