BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: PROS Holdings, Inc. (NYSE – PROS), Paramount Group, Inc. (NYSE – PGRE), Tourmaline Bio, Inc. (Nasdaq - TRML), WideOpenWest, Inc. (NYSE - WOW)
By:
Brodsky & Smith LLC via
GlobeNewswire
September 22, 2025 at 11:28 AM EDT
BALA CYNWYD, Pa., Sept. 22, 2025 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky (jbrodsky@brodskysmith.com) or Marc Ackerman (mackerman@brodskysmith.com) at 855-576-4847. There is no cost or financial obligation to you. PROS Holdings, Inc. (NYSE – PROS) Under the terms of the agreement, PROS Holdings will be acquired by Thoma Bravo for $23.25 per share in an all-cash transaction valuing PROS Holdings at approximately $1.4 billion. The investigation concerns whether the PROS Holdings Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether the deal consideration provides fair value to the Company’s shareholders. Additional information can be found at https://www.brodskysmith.com/cases/pros-holdings-inc-nyse-pros/. Tourmaline Bio, Inc. (Nasdaq - TRML) Under the terms of the Merger Agreement, SHCO will be acquired by Novartis AG (“Novartis”) for $48.00 per share in cash at closing, or a total equity value of approximately $1.4 billion. The investigation concerns whether the Tourmaline Bio Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether the deal consideration provides fair value to the Company’s shareholders. Additional information can be found at https://www.brodskysmith.com/cases/tourmaline-bio-inc-nasdaq-trml/. Paramount Group, Inc. (NYSE – PGRE) Under the terms of the Merger Agreement, Paramount Group will be acquired by Rithm Capital Corp. (“Rithm”) for $6.60 per fully diluted share, a total cash consideration of approximately $1.6 billion. The investigation concerns whether the Paramount Group Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether the deal consideration provides fair value to the Company’s shareholders. Additional information can be found at https://www.brodskysmith.com/cases/paramount-group-inc-nyse-pgre/. WideOpenWest, Inc. (NYSE - WOW) Under the terms of the agreement, WOW will be acquired by affiliated investment funds of DigitalBridge Investments, LLC and Crestview Partners (“Crestview”) for $5.20 per share in cash for each share of common stock they own. The investigation concerns whether the WOW Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether the deal consideration provides fair value to the Company’s shareholders. Additional information can be found at https://www.brodskysmith.com/cases/wideopenwest-inc-nyse-wow/. Brodsky & Smith is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.
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