Shareholder Alert: The Ademi Firm investigates whether Alexander & Baldwin, Inc. is obtaining a Fair Price for its Public Shareholders

Core Viewpoint - The Ademi Firm is investigating Alexander & Baldwin for potential breaches of fiduciary duty related to its transaction with MW Group and funds affiliated with Blackstone and DivcoWest [1] Transaction Details - Alexander & Baldwin shareholders will receive $21.20 per share in cash, which equates to an enterprise value of $2.3 billion, inclusive of outstanding debt [2] - Insiders of Alexander & Baldwin are set to gain substantial benefits from change of control arrangements as part of the transaction [2] Board Conduct - The transaction agreement imposes significant penalties on Alexander & Baldwin for accepting competing bids, which may limit the company's ability to explore other offers [3] - The investigation focuses on whether the board of directors of Alexander & Baldwin is fulfilling its fiduciary duties to all shareholders [3]