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GATO Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Proposed Merger of Gatos Silver With First Majestic Silver
GATOGatos Silver(GATO) GlobeNewswire News Room·2024-09-05 13:35

MONSEY, N.Y., Sept. 05, 2024 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the proposed merger of Gatos Silver, Inc. (NYSE: GATO) ("Gatos") with First Majestic Silver Corp. ("First Majestic") in an all-stock transaction that values Gatos at approximately 13.49pershare,whichiswellbelowthepricetargetof13.49 per share, which is well below the price target of 18.00 per share for Gatos of Wall Street analyst Cosmos Chiu at CIBC. The merger was approved upon the recommendation of a special committee of independent ...