Johnson Fistel Investigates Fairness of Proposed Sale of Chart Industries

Group 1 - The proposed merger agreement between Chart Industries and Baker Hughes involves Baker Hughes acquiring all outstanding shares of Chart Industries for $210 in cash per share [2] - Chart Industries has strong near-term earnings and revenue projections, with at least one equity analyst valuing the company at $250 per share, indicating the proposed buyout price may undervalue the company [2] - Johnson Fistel, PLLP has initiated an investigation into whether the board members of Chart Industries breached their fiduciary duties regarding the proposed sale [1] Group 2 - Johnson Fistel, PLLP is a nationally recognized shareholder rights law firm that represents individual and institutional investors in shareholder derivative and securities class action lawsuits [4] - The firm has been recognized as a top plaintiffs' securities law firm in the United States, having recovered approximately $90,725,000 for clients in cases where it served as lead or co-lead counsel [5]