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INRAD OPTICS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Inrad Optics, Inc. - INRD

Retrieved on:

Friday, April 12, 2024

Class Action Lawsuit, Professional Services, Legal, Sale, OTC, KSF, INRD

and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Inrad Optics, Inc. (OTC: INRD) to Luxium Solutions.

Key Points:

and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Inrad Optics, Inc. (OTC: INRD) to Luxium Solutions.
Under the terms of the proposed transaction, shareholders of Inrad will receive $1.10 in cash for each share of Inrad that they own.
KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com .

INVESTIGATION: The M&A Class Action Firm Announces an Investigation of Inrad Optics, Inc. - INRD

Retrieved on:

Wednesday, April 10, 2024

Empire, Sale, INRD, Security (finance)

NEW YORK, April 9, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report.

Key Points:

NEW YORK, April 9, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report.
We are headquartered at the Empire State Building in New York City and is investigating Inrad Optics, Inc. (Other OTC: INRD ), relating to its proposed sale to Luxium Solutions.
Under the terms of the agreement, INRD shareholders are expected to receive $1.10 in cash per share they own.
Before you hire a law firm, you should talk to a lawyer and ask:
Do you file class actions and go to Court?

INRD Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Inrad Optics, Inc. Is Fair to Shareholders

Retrieved on:

Tuesday, April 9, 2024

Class Action Lawsuit, Professional Services, Legal, Advertising, Sale, Fraud, INRD

Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Inrad Optics, Inc. (OTCMKTS: INRD) to Luxium Solutions for $1.10 per share in cash is fair to Inrad shareholders.

Key Points:

Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Inrad Optics, Inc. (OTCMKTS: INRD) to Luxium Solutions for $1.10 per share in cash is fair to Inrad shareholders.
On behalf of Inrad shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.
Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.

Inrad Optics To Be Acquired by Luxium Solutions for $19 Million

Retrieved on:

Tuesday, April 9, 2024

Engineering, Other Manufacturing, Manufacturing, EST, Form 8-K, Needham & Company, Science, Optics, Acquisition, Capital, INRD, LLP, Disclosure, Investment, Latham & Watkins, Financial services

Inrad Optics, Inc. (OTCMKTS:INRD) (“Inrad Optics” or the “Company”), a provider of advanced optical components, assemblies and systems, today announced that it has entered into a definitive merger agreement to be acquired by Luxium Solutions (“Luxium”), an affiliate of private equity firms SK Capital Partners (“SK Capital”) and Edgewater Capital Partners (“Edgewater”), in an all-cash transaction that values Inrad Optics at approximately $19 million, including assumed debt.

Key Points:

Inrad Optics, Inc. (OTCMKTS:INRD) (“Inrad Optics” or the “Company”), a provider of advanced optical components, assemblies and systems, today announced that it has entered into a definitive merger agreement to be acquired by Luxium Solutions (“Luxium”), an affiliate of private equity firms SK Capital Partners (“SK Capital”) and Edgewater Capital Partners (“Edgewater”), in an all-cash transaction that values Inrad Optics at approximately $19 million, including assumed debt.
Following the close of the transaction, Inrad Optics will remain a U.S.-controlled and operated company.
Following the closing of the transaction, Inrad Optics expects to benefit from the significant resources, operational expertise and capacity for investment provided by Luxium, SK Capital and Edgewater.
“This transaction delivers immediate and certain value to our stockholders,” said Jan Winston, Chair of Inrad Optics’ Board of Directors.

Livonia, Avon & Lakeville Railroads Selects Industry Veteran Robert Babcock to Lead its Sustained Progress

Retrieved on:

Thursday, September 8, 2022

To address these opportunities, Livonia, Avon & Lakeville Railroads (LA&L), which operates the Livonia, Avon & Lakeville Railroad (LAL), Western New York & Pennsylvania Railroad (WNYP) and B&H Rail Corp. (BH), has named Robert Babcock as its President and CEO.

Key Points:

To address these opportunities, Livonia, Avon & Lakeville Railroads (LA&L), which operates the Livonia, Avon & Lakeville Railroad (LAL), Western New York & Pennsylvania Railroad (WNYP) and B&H Rail Corp. (BH), has named Robert Babcock as its President and CEO.
Babcock, who has experience at both Class I and regional rail lines, assumes his new role September 26, 2022.
Robert is a well-respected leader in the rail industry, with in-depth knowledge of practically every facet of the business.
Livonia, Avon & Lakeville Railroads safely serves freight customers across western New York and Pennsylvania with pride and distinction, offering multiple interchanges with Class 1 railroads and award-winning logistics solutions.