MONSEY

PRFT Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Sale of Perficient to EQT AB

Retrieved on: 
Monday, May 6, 2024
Perficient, EQT AB, EQT, Sale, TipRanks, Wohl, Audit

MONSEY, N.Y., May 06, 2024 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the price of $76.00 per share in cash for which Perficient, Inc. (Nasdaq: PRFT) (“PRFT”) has agreed to be sold to an affiliate of EQT AB, a global investment organization.

Key Points: 
  • MONSEY, N.Y., May 06, 2024 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the price of $76.00 per share in cash for which Perficient, Inc. (Nasdaq: PRFT) (“PRFT”) has agreed to be sold to an affiliate of EQT AB, a global investment organization.
  • The sales price is below the price targets for PRFT of at least two Wall Street analysts (source: TipRanks).
  • On May 5, 2024, PRFT announced that it had agreed to be sold to EQT AB for $76.00 per share in cash.
  • “We are investigating whether the PRFT Board of Directors acted in the best interests of PRFT shareholders in approving the sale,” explained Joshua Fruchter, a founding partner of Wohl & Fruchter.

SWAV Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Sale of Shockwave Medical to Johnson & Johnson

Retrieved on: 
Wednesday, April 10, 2024
Sale, Johnson & Johnson, TipRanks, Wohl

MONSEY, N.Y., April 10, 2024 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the price of $335.00 per share in cash for which Shockwave Medical, Inc. (Nasdaq: SWAV) (“Shockwave”) has agreed to be sold to Johnson & Johnson.

Key Points: 
  • MONSEY, N.Y., April 10, 2024 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the price of $335.00 per share in cash for which Shockwave Medical, Inc. (Nasdaq: SWAV) (“Shockwave”) has agreed to be sold to Johnson & Johnson.
  • The sales price is below the price target for Shockwave of at least one Wall Street analyst (source: TipRanks).
  • On April 5, 2024, Shockwave announced that it had agreed to be sold to Johnson & Johnson for $335.00 per share in cash.
  • “We are investigating whether the Shockwave Board of Directors acted in the best interests of Shockwave shareholders in approving the sale,” explained Joshua Fruchter, a founding partner of Wohl & Fruchter.

MODN Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Sale of Model N to Vista Equity Partners

Retrieved on: 
Monday, April 8, 2024
Vista Equity Partners, TipRanks, Wohl, Sale, Model N, Audit

MONSEY, N.Y., April 08, 2024 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the price of $30.00 per share in cash for which Model N, Inc. (NYSE: MODN) (“MODN”) has agreed to be sold to Vista Equity Partners (“Vista”).

Key Points: 
  • MONSEY, N.Y., April 08, 2024 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the price of $30.00 per share in cash for which Model N, Inc. (NYSE: MODN) (“MODN”) has agreed to be sold to Vista Equity Partners (“Vista”).
  • The sales price is below the price targets for MODN of at least five Wall Street analysts (source: TipRanks).
  • On April 8, 2024, MODN announced that it had agreed to be sold to Vista for $30.00 per share in cash.
  • “We are investigating whether the MODN Board of Directors acted in the best interests of MODN shareholders in approving the sale,” explained Joshua Fruchter, a founding partner of Wohl & Fruchter.

AIRC Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Sale of Apartment Income REIT to Blackstone

Retrieved on: 
Monday, April 8, 2024
TipRanks, Aimco, Sale, Wohl, AIRC

MONSEY, New York, April 08, 2024 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the price of $39.12 per share in cash for which Apartment Income REIT Corp. (NYSE: AIRC) (“AIRC”) has agreed to be sold to Blackstone.

Key Points: 
  • MONSEY, New York, April 08, 2024 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the price of $39.12 per share in cash for which Apartment Income REIT Corp. (NYSE: AIRC) (“AIRC”) has agreed to be sold to Blackstone.
  • The sales price is below the price targets for AIRC of at least two Wall Street analysts (source: TipRanks).
  • On April 8, 2024, AIRC announced that it had agreed to be sold to Blackstone for $39.12 per share in cash.
  • “We are investigating whether the AIRC Board of Directors acted in the best interests of AIRC shareholders in approving the sale,” explained Joshua Fruchter, a founding partner of Wohl & Fruchter.

TAST Alert: Monsey Firm of Wohl & Fruchter Renews Investigation of the Proposed Sale of Carrols Restaurant Group to Restaurant Brands International

Retrieved on: 
Monday, April 1, 2024
Burger King, RBI, TipRanks, Truist Financial, Committee, Sale, Coercion, Security (finance), Proxy, Carrols Restaurant Group, Wohl, Popeyes

The investigation of the proposed sale was renewed upon the filing of a preliminary proxy by Carrols concerning the proposed sale on March 4, 2024.

Key Points: 
  • The investigation of the proposed sale was renewed upon the filing of a preliminary proxy by Carrols concerning the proposed sale on March 4, 2024.
  • On March 4, 2024, Carrols filed a preliminary proxy (“Proxy”) concerning the proposed sale with the Securities and Exchange Commission.
  • This factor raises a concern as to whether any coercion caused the Special Committee to recommend the proposed sale at a sub-optimal price.
  • “We are investigating whether the Special Committee of the Carrols Board of Directors acted in the best interests of Carrols shareholders in approving the sale,” explained Joshua Fruchter, a founding partner of Wohl & Fruchter.

ADTH Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Sale of AdTheorent Holding Company, Inc. to Cadent

Retrieved on: 
Monday, April 1, 2024
TipRanks, JMP, Canaccord Genuity, Sale, Wohl

MONSEY, N.Y., April 01, 2024 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the price of $3.21 per share in cash at which AdTheorent Holding Company, Inc. (Nasdaq: ADTH) (“AdTheorent”) has agreed to be sold to Cadent.

Key Points: 
  • MONSEY, N.Y., April 01, 2024 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the price of $3.21 per share in cash at which AdTheorent Holding Company, Inc. (Nasdaq: ADTH) (“AdTheorent”) has agreed to be sold to Cadent.
  • The sales price is equal to the closing price of AdTheorent on March 28, 2024, thus providing no premium.
  • It is also below the price target for AdTheorent of virtually every Wall Street analyst covering the stock (source: TipRanks).
  • “We are investigating whether the AdTheorent Board of Directors acted in the best interests of AdTheorent shareholders in approving the sale,” explained Joshua Fruchter, a founding partner of Wohl & Fruchter.

STER Alert: Monsey Firm of Wohl & Fruchter Investigating Proposed Sale of Sterling Check Corp. to First Advantage Corporation

Retrieved on: 
Wednesday, March 6, 2024
Goldman Sachs, Silver Strand (San Diego), Sale, FAC, Wohl, Security (finance)

MONSEY, N.Y., March 06, 2024 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the proposed sale of Sterling Check Corp. (Nasdaq: STER) (“Sterling”) to First Advantage Corporation (“FAC”) for cash and stock valued at approximately $16.73 per share.

Key Points: 
  • MONSEY, N.Y., March 06, 2024 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the proposed sale of Sterling Check Corp. (Nasdaq: STER) (“Sterling”) to First Advantage Corporation (“FAC”) for cash and stock valued at approximately $16.73 per share.
  • Under the terms of the transaction, Sterling shareholders can elect to receive either $16.73 per share in cash or 0.979 shares of FAC common stock for each Sterling share, subject to proration.
  • Sterling shareholders are expected to own approximately 16% of the combined company after closing, and current FAC shareholders will own approximately 84%.
  • “We are investigating whether the Sterling Board of Directors acted in the best interests of Sterling shareholders in approving the sale.” explained Joshua Fruchter, a founding partner of Wohl & Fruchter.

CPE Alert: Monsey Firm of Wohl & Fruchter Renews Investigation of Proposed Merger of Callon Petroleum Company and APA Corp.

Retrieved on: 
Wednesday, February 28, 2024
Proxy, CPE, APA, Wohl, Professional corporation, Seeking Alpha, TipRanks, Cryptocurrency

MONSEY, N.Y., Feb. 28, 2024 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP has renewed its investigation of the proposed merger of Callon Petroleum Company (NYSE: CPE) (“Callon”) with APA Corp. (“APA”) in an all-stock transaction that values Callon at approximately $38.31/share, which is below the price target of virtually all Wall Street analysts for Callon stock prior to announcement of the merger.

Key Points: 
  • MONSEY, N.Y., Feb. 28, 2024 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP has renewed its investigation of the proposed merger of Callon Petroleum Company (NYSE: CPE) (“Callon”) with APA Corp. (“APA”) in an all-stock transaction that values Callon at approximately $38.31/share, which is below the price target of virtually all Wall Street analysts for Callon stock prior to announcement of the merger.
  • The investigation of the proposed merger was renewed upon the filing of a proxy by Callon on February 16, 2024.
  • The exchange values Callon at approximately $38.31 per share based on APA’s closing price on January 3, 2024.
  • “We are investigating whether the Proxy fully discloses all material facts concerning the proposed merger.” explained Joshua Fruchter, a founding partner of Wohl & Fruchter.

VZIO Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Sale of VIZIO to Walmart

Retrieved on: 
Tuesday, February 20, 2024
VIZIO, Sale, TipRanks, Wohl, Audit

MONSEY, N.Y., Feb. 20, 2024 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the price of $11.50 per share in cash for which VIZIO Holding Corp. (NYSE: VZIO) (“VIZIO”) has agreed to be sold to Walmart.

Key Points: 
  • MONSEY, N.Y., Feb. 20, 2024 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the price of $11.50 per share in cash for which VIZIO Holding Corp. (NYSE: VZIO) (“VIZIO”) has agreed to be sold to Walmart.
  • The sales price is below the price target for VIZIO of at least three Wall Street analysts (source: TipRanks).
  • On February 20, 2024, VIZIO announced that it had agreed to be sold to Walmart for $11.50 per share in cash.
  • “We are investigating whether the VIZIO Board of Directors acted in the best interests of VIZIO shareholders in approving the sale,” explained Joshua Fruchter, a founding partner of Wohl & Fruchter.

DFS Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Proposed Merger of Discover Financial Services With Capital One

Retrieved on: 
Tuesday, February 20, 2024
Seeking Alpha, Capital, Discover Financial, DFS, Publishing, Capital One, Wohl

MONSEY, N.Y., Feb. 20, 2024 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the proposed merger of Discover Financial Services (NYSE: DFS) (“Discover”) with Capital One (“Capital One”) in an all-stock transaction.

Key Points: 
  • MONSEY, N.Y., Feb. 20, 2024 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the proposed merger of Discover Financial Services (NYSE: DFS) (“Discover”) with Capital One (“Capital One”) in an all-stock transaction.
  • Under the terms of the deal, each Discover shareholder will receive 1.0192 shares of Capital One, which values Discover at nearly $140.00 per share based on Capital One’s closing price on February 16, 2024.
  • On February 19, 2024, Discover announced that it had agreed to merge with Capital One in an all-stock transaction.
  • “We are investigating whether the Discover Board of Directors acted in the best interests of Discover shareholders in approving the merger,” explained Joshua Fruchter, a founding partner of Wohl & Fruchter.