Law firm Johnson Fistel investigates fiduciary duty breaches in Snap One Holdings' $1.4B sale to Resideo, pending H2 2024 completion.

Law firm Johnson Fistel is investigating potential breaches of fiduciary duties by Snap One Holdings Corp's board members regarding the proposed sale of the company to Resideo Technologies for $10.75 per share. The acquisition, set at $1.4 billion, including net debt, is expected to be completed in H2 2024, pending regulatory approvals. Once integrated, Resideo aims to leverage Snap One's capabilities in the smart living market and Control4 technology platforms, enhancing its ADI Global Distribution business.

April 15, 2024
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