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Law firm probes Accelerant's $4B deal with Thoma Bravo over possible board breaches and shareholder concerns

Market News
13 Aug 2026
PRNewsWire
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Bearish
Law firm probes Accelerant's $4B deal with Thoma Bravo over possible board breaches and shareholder concerns

Ademi LLP is investigating Accelerant's $4 billion acquisition by Thoma Bravo for potential breaches of fiduciary duty by the board and unfair terms in the deal. Accelerant shareholders are offered $20.25 per share in cash, but insiders stand to gain significant benefits. The investigation focuses on whether the board is protecting all shareholders' interests, as the deal restricts competing bids with heavy penalties. This legal scrutiny could impact the transaction's progress and shareholder outcomes.

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Morgan Stanley upgrades NNN REIT to Overweight, citing strong income and 6% dividend yield.

Morgan Stanley upgrades NNN REIT to Overweight, citing strong income and 6% dividend yield.

Morgan Stanley upgraded NNN REIT from Neutral to Overweight due to its stable income and strong financial health. The REIT boasts a 99.1% occupancy rate and 97.5% fixed-rate debt, ensuring steady rental income and protection against interest rate hik...

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Sandisk enters the S&P 100 as Nike exits the index on the same day.

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Analysts raise bullish targets for ServiceNow despite recent stock volatility.

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Colgate-Palmolive cuts price target amid North America challenges, plans growth via premium products and brand sales.

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MillerKnoll Q3 2026 earnings expected at $0.35 EPS, $941M revenue amid mixed segment performance and tariff challenges.

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MillerKnoll is set to report Q3 2026 earnings with analysts expecting $0.35 EPS and $940.93 million in revenue. The North America Contract segment shows strength with higher prices and volumes, while the Global Retail segment struggles due to tariffs...

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