BERY Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Proposed Merger of Berry Global Group With Amcor

Core Viewpoint - The law firm Wohl & Fruchter LLP is investigating the fairness of the proposed merger between Berry Global Group, Inc. and Amcor plc, which values Berry at approximately $73.59 per share, a price below the targets set by multiple Wall Street analysts [1][4]. Company Overview - Berry Global Group, Inc. has agreed to merge with Amcor in an all-stock transaction where each Berry shareholder will receive 7.25 Amcor shares for each Berry share held at closing, resulting in Berry shareholders owning only 37% of the combined company post-merger [3]. Analyst Price Targets - The implied deal price of $73.59 per Berry share is below the price targets set by at least eight Wall Street analysts, which are as follows: - Anthony Pettinari of Citi: $83.00 - Curt Woodworth of UBS: $82.00 - George Staphos of Bank of America: $80.00 - Philip Ng of Jefferies: $79.00 - Adam Samuelson of Goldman Sachs: $77.00 - Gabrial Hajde of Wells Fargo: $77.00 - Stefan Diaz of Morgan Stanley: $76.00 - Michael Roxland of Truist Financial: $74.00 [4]. Investigation Focus - The investigation by Wohl & Fruchter LLP aims to determine whether the Berry Board of Directors acted in the best interests of Berry shareholders in approving the merger, specifically regarding the fairness of the exchange ratio and the completeness of material information disclosed about the transaction [4].