Dun & Bradstreet Holdings Surges to 152nd in Trading Volume with 5.74 Billion Turnover Amidst Sale Investigation

Generated by AI AgentAinvest Market Brief
Monday, Mar 24, 2025 8:45 pm ET1min read
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On March 24, 2025, Dun & BradstreetDNB-- Holdings, Inc. (DNB) saw a significant surge in trading volume, with a turnover of 5.74 billion, marking a 428.35% increase from the previous day. This substantial rise placed DNBDNB-- at the 152nd position in terms of trading volume for the day. The stock price of DNB also experienced a notable increase, rising by 2.98% and marking its second consecutive day of gains, with a total increase of 5.89% over the past two days.

On March 24, 2025, the law firm of Wohl & Fruchter LLP announced an investigation into the fairness of the proposed sale of Dun & Bradstreet Holdings, Inc. (DNB) to Clearlake Capital for $9.15 per share in cash. The investigation comes as the sale price is below the price targets set by at least seven analysts, and significantly lower than DNB's 52-week high of $12.95 per share. The firm is examining whether the DNB Board of Directors acted in the best interests of shareholders and if all material information regarding the transaction has been fully disclosed.

Joshua Fruchter, a founding partner of Wohl & Fruchter, stated, "We are investigating whether the DNB Board of Directors acted in the best interests of DNB shareholders in approving the sale. This includes whether the price agreed upon is fair to DNB shareholders, as well as whether all material information regarding the transaction has been fully disclosed."

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