LLAP Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Sale of Terran Orbital to Lockheed Martin

MONSEY, N.Y., Aug. 15, 2024 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the proposed sale of Terran Orbital Corporation (NYSE: LLAP) ("Terran") to Lockheed Martin ("Lockheed") for $0.25 per share in cash. The sales price is substantially below the preannouncement price target for Terran of multiple Wall Street analysts, including Josh Sullivan of Benchmark Co. with a price target of $12.00 per share, and Erik Rasmussen of Stifel Nicolaus with a price target of $7 ...