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Kaskela Law LLC is Investigating the Fairness of the Heidrick & Struggles (HSII) $59.00 Per Share Buyout Agreement and Encourages Investors to Contact the Firm
Globenewswire· 2025-10-09 17:59
Core Viewpoint - Kaskela Law LLC is investigating the fairness of the proposed buyout of Heidrick & Struggles International, Inc. at a price of $59.00 per share in cash, focusing on whether shareholders are receiving adequate compensation and if there were any breaches of fiduciary duties by the company's officers or directors [1][3]. Summary by Sections - **Buyout Announcement**: Heidrick & Struggles International, Inc. has agreed to be acquired by a consortium of private equity funds for $59.00 per share in cash, after which the company's shares will no longer be publicly traded [2]. - **Investigation Focus**: The investigation aims to assess if Heidrick investors are receiving sufficient monetary consideration for their shares and whether there were any violations of securities laws or fiduciary duties by the company's management in the sale agreement [3]. - **Shareholder Communication**: Heidrick shareholders are encouraged to contact Kaskela Law LLC to discuss their legal rights and options regarding the transaction [4].
$HAREHOLDER ALERT: The M&A Class Action Firm Announces An Investigation of Heidrick & Struggles International, Inc. (NASDAQ: HSII)
Globenewswire· 2025-10-07 21:30
Core Viewpoint - Monteverde & Associates PC is investigating the proposed sale of Heidrick & Struggles International, Inc. to a consortium led by Advent International and Corvex Private Equity, with shareholders set to receive $59.00 per share in cash, raising questions about the fairness of the deal [1]. Group 1: Company Overview - Heidrick & Struggles International, Inc. is involved in a transaction where shareholders will receive $59.00 per share in cash as part of a sale to a consortium of investors [1]. - Monteverde & Associates PC is recognized as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report, indicating its prominence in the field of class action lawsuits [1]. Group 2: Legal Context - The firm has a successful track record in recovering millions for shareholders, emphasizing its capability in handling class action securities cases [2]. - The investigation into Heidrick & Struggles is part of the firm's broader efforts to ensure that shareholders' rights are protected in significant corporate transactions [1][2].
Heidrick & Struggles Soars 19.6% on Go-Private Deal Announcement
ZACKS· 2025-10-07 13:46
Core Insights - Heidrick & Struggles International, Inc. (HSII) shares increased by 19.6% following the announcement of a definitive agreement for acquisition by a private investment consortium valued at approximately $1.3 billion, with an all-cash offer of $59 per share, representing a significant premium over the previous closing price [1][8] - The acquisition is seen as a major milestone in HSII's transformation from a traditional executive search firm to a broader leadership advisory firm, emphasizing its strong presence in organizational consulting and talent solutions [1][8] Company Performance - HSII has diversified its offerings to include digital transformation and talent analytics, enhancing its competitive position against larger rivals like Korn Ferry and ManpowerGroup [2] - Over the past year, HSII's stock has risen by 58.5%, outperforming its peer group's growth of 18.7% [2] Financial Outlook - The expected earnings growth rate for HSII in the next year is 17.6%, with the Zacks Consensus Estimate for current-year earnings improving by 2.4% over the last 60 days [3] Market Reaction - The acquisition is interpreted as a sign of continued private equity interest in professional services and human capital businesses, particularly those with strong client relationships [4] - HSII's stock opened higher and maintained gains throughout the trading session, contrasting with mixed results in the broader market [4] Transaction Details - The transaction has been unanimously approved by HSII's board of directors and is expected to close in the first half of 2026, pending regulatory approvals [5] - Upon completion, HSII will become a privately held entity, and its shares will be delisted from the Nasdaq [5] Industry Trends - The sharp increase in HSII's stock reflects investor appetite for merger and acquisition activity amid market volatility, indicating that strategic investors are willing to pay a premium for established business models in the consulting sector [6]
Heidrick & Struggles (HSII) Surges 19.6%: Is This an Indication of Further Gains?
ZACKS· 2025-10-07 12:55
Company Overview - Heidrick & Struggles (HSII) shares increased by 19.6% to $58.22 in the last trading session, contrasting with a 3.4% loss over the past four weeks, driven by strong volume and rising leadership assessment demand [1] - The company is expected to report quarterly earnings of $0.76 per share, reflecting a year-over-year increase of 5.6%, with revenues projected at $305.21 million, up 9.6% from the previous year [2] Earnings and Stock Performance - The consensus EPS estimate for Heidrick & Struggles has remained unchanged over the last 30 days, indicating that stock price movements may not sustain without trends in earnings estimate revisions [3] - The stock currently holds a Zacks Rank of 3 (Hold), suggesting a neutral outlook [4] Industry Context - Heidrick & Struggles operates within the Zacks Staffing Firms industry, where RCM Technologies, Inc. (RCMT) also competes, having closed 2.1% lower at $24.7, with a return of -8% over the past month [4] - RCM Technologies has a consensus EPS estimate of $0.45, representing a 2.3% increase from the previous year, and also holds a Zacks Rank of 3 (Hold) [5]
Heidrick & Struggles (NASDAQ:HSII) Acquisition and New Price Target by Truist Financial
Financial Modeling Prep· 2025-10-06 22:03
Group 1 - Truist Financial has set a new price target of $59 for Heidrick & Struggles, indicating a slight potential upside from the current trading price of $58.23 [1][5] - Heidrick & Struggles has entered into a definitive agreement to be acquired by a consortium led by Advent International and Corvex Private Equity for approximately $1.3 billion, transitioning the company from public to private [2][5] - The stock price of Heidrick & Struggles has increased significantly by 19.72%, with a current price of $58.28, reflecting strong investor interest following the acquisition announcement [3][5] Group 2 - Heidrick & Struggles has a market capitalization of approximately $1.21 billion, indicating its total market value [4] - The trading volume for the day is 1,291,496 shares on the NASDAQ exchange, showing active investor interest likely driven by the acquisition news [4][5]
HEIDRICK STOCKHOLDER NOTICE: Kaskela Law LLC Announces Investigation of Heidrick & Struggles International, Inc. (NASDAQ: HSII) Proposed Stockholder Buyout at $59.00 Per Share and Encourages Investors to Contact the Firm
Prnewswire· 2025-10-06 21:06
Core Viewpoint - Kaskela Law LLC is investigating the fairness of the proposed buyout of Heidrick & Struggles International, Inc. at a price of $59.00 per share in cash, following the announcement of the acquisition by a consortium of private equity funds [1][2]. Group 1: Buyout Details - Heidrick announced an agreement to be acquired at a price of $59.00 per share in cash, which will result in shareholders being cashed out and the company's shares no longer being publicly traded [1]. - The investigation aims to assess whether Heidrick investors are receiving adequate monetary consideration for their shares [2]. Group 2: Legal Investigation - The investigation will also determine if the company's officers or directors breached their fiduciary duties or violated securities laws in agreeing to the buyout price [2]. - Heidrick shareholders are encouraged to contact Kaskela Law LLC for more information regarding their legal rights and options [2].
Heidrick & Struggles stock surges on go-private transaction
Proactiveinvestors NA· 2025-10-06 17:02
Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2][3] - The news team covers key finance and investing hubs including London, New York, Toronto, Vancouver, Sydney, and Perth [2] - Proactive focuses on medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [2][3] Group 2 - The team delivers insights across various sectors including biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] - Proactive adopts technology to enhance workflows and improve content production [4][5] - All content published by Proactive is edited and authored by humans, ensuring adherence to best practices in content production and search engine optimization [5]
HSII Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Heidrick & Struggles International, Inc. Is Fair to Shareholders
Businesswire· 2025-10-06 16:42
Core Viewpoint - The investigation by Halper Sadeh LLC focuses on the fairness of the acquisition price of Heidrick & Struggles International, Inc. at $59.00 per share in cash, led by Advent International and Corvex Private Equity [1] Company Summary - Heidrick & Struggles International, Inc. is being sold to a consortium of investors for $59.00 per share in cash [1] - The law firm Halper Sadeh LLC is encouraging Heidrick shareholders to explore their legal rights and options regarding the sale [1]
Comerica, Critical Metals, Heidrick & Struggles International And Other Big Stocks Moving Higher On Monday - Archer Aviation (NYSE:ACHR), Arteris (NASDAQ:AIP)
Benzinga· 2025-10-06 15:54
Core Insights - U.S. stocks exhibited mixed performance, with the Nasdaq Composite increasing by over 100 points on Monday [1] - Comerica Incorporated's shares surged 15.7% to $81.64 following the announcement of its acquisition by Fifth Third Bancorp for $10.9 billion [1] Company Performance - Critical Metals Corp. saw a significant increase in shares, jumping 78.8% to $14.27 after securing a $35 million securities purchase agreement [3] - Pioneer Ltd experienced a gain of 51.2%, reaching $7.18 [3] - Arteris, Inc. shares rose by 31.7% to $14.47 [3] - Advanced Micro Devices, Inc. surged 27.6% to $210.18 due to a multi-year partnership with OpenAI involving 6 Gigawatts of AMD GPUs and a warrant for up to 160 million shares [3] - Kopin Corporation's shares increased by 25.5% to $3.5391 following a $41 million PIPE financing announcement [3] - Sanmina Corporation rose 23.6% to $140.99 [3] - HIVE Digital Technologies Ltd. gained 23.2% to $5.48, with a 138% year-over-year increase in September Bitcoin output [3] - Eightco Holdings Inc. rose 21.1% to $9.98 [3] - Heidrick & Struggles International, Inc. jumped 19.8% to $58.31 after announcing a definitive agreement for acquisition valued at $1.3 billion [3] - Solid Power, Inc. increased by 19.4% to $5.16 [3] - UiPath Inc. rose 14.6% to $14.78 [3] - Diginex Limited gained 13.6% to $18.70 after completing the acquisition of Matter DK ApS [3] - Riot Platforms, Inc. rose 12.2% to $21.81, with an analyst maintaining an Overweight rating and raising the price target from $22 to $26 [3] - Eos Energy Enterprises, Inc. increased by 13.1% to $14.25 following a strategic partnership announcement with Unico [3] - IREN Limited jumped 10.6% to $55.84 [3] - Lumen Technologies, Inc. gained 10.3% to $7.24 [3] - Archer Aviation Inc. rose 9.9% to $12.72 [3]
Shareholder Alert: The Ademi Firm investigates whether Heidrick & Struggles International Inc. is obtaining a Fair Price for its Public Shareholders
Prnewswire· 2025-10-06 15:45
Core Viewpoint - Heidrick is under investigation for potential breaches of fiduciary duty and other legal violations related to its transaction with Advent and Corvex, which involves a significant all-cash buyout offer [1][2]. Group 1: Transaction Details - Shareholders of Heidrick will receive $59.00 per share in an all-cash transaction valued at approximately $1.3 billion [2]. - The transaction agreement includes provisions that unreasonably limit competing offers for Heidrick, imposing a significant penalty if a competing bid is accepted [2]. Group 2: Board Conduct - The investigation focuses on the conduct of the Heidrick board of directors to determine if they are fulfilling their fiduciary duties to all shareholders [2].