Monteverde & Associates PC, a national securities firm headquartered in New York City announced it is investigating Churchill Capital Corp. II (CCX) relating to its proposed merger with Software Luxembourg Holding S.A. (“Skillsoft”). Under the terms of the agreement, Churchill II shareholders are expected to own 65% of the combined company.
The investigation focuses on whether Churchill Capital Corp. II and its Board of Directors violated securities laws and/or breached their fiduciary duties to the company by 1) failing to conduct a fair process, and 2) whether and by how much this proposed transaction undervalues the company. Read more.
