Levi & Korsinsky, LLP has commenced an investigation into the fairness of the merger of Leo Holdings Corp. (“Leo” or the “Company”) (NYSE: LHC) with Digital Media Solutions Holdings, LLC (“DMS”). Under the terms of the merger, the combined company will be named Digital Media Solutions, Inc. and be listed on the NYSE under the ticker “DMS”. Following the merger, Leo and DMS shareholders will, respectively, own approximately 60% and 40% of the equity of the combined company on a fully diluted basis.
The Leo merger investigation concerns whether the Board of Leo has harmed stockholders by agreeing to enter into this transaction and whether all material facts have been properly disclosed to stockholders.
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