Johnson Fistel Investigates Alexander & Baldwin (ALEX) Shareholders' Rights Following the Board's Approval of a $21.20 Buyout Offer

Core Viewpoint - Johnson Fistel, PLLP has initiated an investigation into the board members of Alexander & Baldwin, Inc. regarding potential breaches of fiduciary duties related to the proposed sale of the company to MW Group, Blackstone Real Estate, and DivcoWest [1] Summary by Sections Proposed Transaction - On December 8, 2025, Alexander & Baldwin announced a definitive merger agreement with MW Group, Blackstone Real Estate, and DivcoWest, offering shareholders $21.20 per share in cash [3] - The proposed acquisition price of $21.20 per share is significantly lower than the Wall Street analyst forecast of $24 per share, indicating a potential undervaluation of the company [3] Investigation Details - Shareholders who believe the proposed transaction undervalues their investment are encouraged to join the investigation led by Johnson Fistel [2] - Interested shareholders can find more information and participate through a provided link or by contacting lead analyst Jim Baker [2] Firm Background - Johnson Fistel, PLLP is a nationally recognized law firm specializing in shareholder rights, with multiple offices across the United States [4] - The firm has a track record of representing both individual and institutional investors in securities class action lawsuits [4] Achievements - In 2024, Johnson Fistel was ranked among the Top 10 Plaintiff Law Firms by ISS Securities Class Action Services, having recovered approximately $90.725 million for clients [5] - This recognition highlights the firm's effectiveness in advocating for investors and marks the eighth time it has been acknowledged as a top plaintiffs' securities law firm in the U.S. [5]