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Scott+Scott Attorneys at Law LLP Investigates Clayton, Dubilier & Rice and TPG Capital Buyout of Covetrus, Inc – CVET

By: Scott+Scott Attorneys at Law LLP via Business Wire
June 06, 2022 at 17:02 PM EDT

Scott+Scott Attorneys at Law LLP (“Scott+Scott”), an international securities and consumer rights litigation firm, is investigating whether the directors of Covetrus, Inc. (“Covetrus”) (NASDAQ: CVET) breached their fiduciary duties to its shareholders in approving a buyout with funds affiliated with Clayton, Dubilier & Rice (“CD&R”) and TPG Capital (“TPG”) for inadequate consideration. If you are a Covetrus shareholder, you may contact attorney Joe Pettigrew for additional information toll-free at 844-818-6982, or jpettigrew@scott-scott.com.

Scott+Scott is investigating whether Covetrus’s board of directors failed to maximize the value of Covetrus for the benefit of Covetrus’s shareholders in connection with its announced buyout by funds affiliated with CD&R and TPG, in breach of their fiduciary duties to Covetrus’s shareholders, and whether Covetrus’s shareholders have suffered damages as a result.

On May 25, 2022, Covetrus announced it had reached an agreement to be bought out by funds affiliated with CD&R and TPG for $21.00 per share, in an all-cash transaction valued at approximately $4 billion.

What You Can Do

If you are a Covetrus shareholder, you may have legal claims against Covetrus’s directors. If you wish to discuss this investigation, or have questions about this notice or your legal rights, please contact attorney Joe Pettigrew toll-free at 844-818-6982 or jpettigrew@scott-scott.com.

About Scott+Scott

Scott+Scott has significant experience in prosecuting major securities, antitrust, and consumer rights actions throughout the United States. The firm represents pension funds, foundations, individuals, and other entities worldwide with offices in New York, London, Amsterdam, Connecticut, California, and Ohio.

Attorney Advertising

View source version on businesswire.com: https://www.businesswire.com/news/home/20220606005979/en/

Contacts

Joe Pettigrew

Scott+Scott Attorneys at Law LLP

600 W. Broadway, Suite 3300, San Diego, CA 92101

844-818-6982

jpettigrew@scott-scott.com

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