Kehoe Law Firm, P.C. is investigating whether certain directors and officers of BTRS Holdings Inc. (“Billtrust”) (NASDAQ: BTRS) breached their fiduciary duties to Billtrust’s shareholders in approving a merger with affiliate funds of EQT X and EQT AT (“EQT”) (OTC: EQBBF) for inadequate consideration.
The investigation concerns whether Billtrust’s board of directors failed to maximize the value of Billtrust for the benefit of Billtrust’s shareholders in connection with its announced merger with EQT, in breach of their fiduciary duties to Billtrust’s shareholders, and whether Billtrust’s shareholders suffered damages as a result.
On September 28, 2022, Billtrust announced it had reached an agreement to be bought out by EQT for $9.50 per share. The transaction is valued at approximately $1.7 billion.
INVESTORS OF BILLTRUST STOCK ARE ENCOURAGED TO CLICK HERE TO CONTACT KEHOE LAW FIRM, P.C.
IF YOU ARE A BILLTRUST SHAREHOLDER, YOU MAY HAVE LEGAL CLAIMS AGAINST BILLTRUST’S DIRECTORS AND OFFICERS. IF YOU WISH TO DISCUSS THIS INVESTIGATION, OR HAVE QUESTIONS ABOUT YOUR LEGAL RIGHTS, PLEASE CONTACT JOHN KEHOE, ESQ., (215) 792-6676, EXT. 801, [email protected], [email protected].
