The New York law firm said it is investigating whether the SPAC’s board “acted in the best interest” of shareholders in agreeing to the proposed transaction, “whether the board was fully informed as to the valuation of Paysafe, and whether all information regarding the process undertaken by the board and the valuation of the transaction will be fully and fairly disclosed” to Foley Trasimene II shareholders.
In a separate statement, the Monteverde & Associates law firm said it, too, would investigate the terms of the deal.
The $9 billion deal was announced earlier this week. Read more.
Law Firms Investigate Foley Trasimene II Deal with Paysafe
