Shareholder alert: weiss law investigates velodyne lidar, inc.

New york , nov. 7, 2022 /prnewswire/ -- weiss law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of velodyne lidar, inc. ("velodyne" or the "company") (nasdaq: vldr), in connection with the proposed merger of the company with ouster, inc. ("ouster") (nyse: oust). under the terms of the merger agreement, the company's shareholders will receive 0.8204 shares of ouster common stock for each velodyne share owned, representing implied per-share merger consideration of approximately $0.99 based upon ouster's november 7, 2022 closing price of $1.21.
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