Kaskela Law LLC announces that is investigating Skillsoft Corp. (NYSE: SKIL) on behalf of the Company’s shareholders.
On December 22, 2021, Skillsoft announced that it had entered into an agreement to acquire Codecademy in a cash and stock transaction valued at $525 million. According to the announcement, the consideration expected to be received by Codecademy stockholders is approximately 40% cash and 60% Skillsoft shares.
The investigation seeks to determine whether Skillsoft and/or the company’s officers and directors violated the securities laws and/or breached their fiduciary duties to SKIL shareholders in connection with the proposed transaction, and whether Skillsoft shareholders have been harmed as a result.
Skillsoft shareholders are encouraged to contact Kaskela Law LLC (David Seamus Kaskela, Esq.) at (484) 258 – 1585, or by completing the information form on this page, to receive additional information about this investigation and their legal rights and options.