An illustration representing uncertainty in company sales investigations.
Former Attorney General of Louisiana, Charles C. Foti, Jr., and Kahn Swick & Foti, LLC are investigating proposed sales involving VOXX International, bluebird bio, and Logility Supply Chain Solutions. Shareholders might receive cash offers, but KSF is questioning if these amounts truly reflect each company’s value. Shareholders are encouraged to contact KSF for guidance on their legal rights regarding these transactions.
New Orleans is buzzing with news as former Attorney General of Louisiana, Charles C. Foti, Jr., and the law firm Kahn Swick & Foti, LLC, often called KSF, gear up to investigate some intriguing proposed sales in the market. If you own shares in any of these companies, take a seat because the details could be pivotal for you!
One of the key companies under the microscope is VOXX International Corporation, listed on NasdaqGS as VOXX. The buzz concerns its proposed sale to Gentex Corporation (NasdaqGS: GNTX). If this sale goes through, VOXX shareholders could be looking at getting $7.50 in cash for every share they own.
But, hold on! KSF is diving deep into whether this offer actually reflects the value of VOXX, or if perhaps it’s a tad lowball. This is where you, as a shareholder, might want to pay attention. If you feel that this proposed sale undervalues your shares, KSF is open for discussions about your legal rights. So, don’t hesitate to reach out!
Next up on the investigation list is bluebird bio, Inc. (NasdaqGS: BLUE), which is eyeing a sale to Carlyle Group and SK Capital Partners, LP. In this scenario, bluebird shareholders are looking at a cash reward of $3.00 per share along with a contingent value right. What’s that, you ask? Good question! This right means shareholders could also receive an additional $6.84 in cash if bluebird’s products hit $600 million in net sales by the end of 2027.
Again, KSF is all about ensuring that shareholders are treated fairly. They are assessing whether this proposed cash sum and the whole transaction process provide adequate value for bluebird. If you think the deal is a bit on the underwhelming side, KSF is encouraging you to reach out and discuss your rights.
And there’s more! KSF is also investigating the proposed sale of Logility Supply Chain Solutions, Inc. (NasdaqGS: LGTY) to Aptean. Here, Logility shareholders could be looking to receive $14.30 in cash for each share. It begs the question: Is this amount good enough?
The team at KSF is digging into whether the sale terms adequately reflect the value of Logility or if there’s a chance shareholders could be shortchanged. If you hold shares in Logility, you’re warmly invited to connect with KSF to understand your legal rights regarding this potential sale.
For shareholders interested in learning more, or for those feeling a bit uneasy about the proposed terms, KSF’s Managing Partner, Lewis S. Kahn, is just an email or phone call away. You can drop him a line at lewis.kahn@ksfcounsel.com or give him a ring at 855-768-1857. Don’t miss out on your opportunity to voice your thoughts or concerns!
As KSF continues its investigations into these three proposed sales, they’re committed to ensuring shareholders’ interests are upheld and that any potential undervaluation is addressed. If you want to stay current on the findings or check the investigation details further, head over to their official website: www.ksfcounsel.com. Stay informed, and don’t let this chance slip through your fingers!
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