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BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Repare Therapeutics Inc. (Nasdaq – RPTX), Axalta Coating Systems Ltd. (NYSE – AXTA), Blue Foundry Bancorp (Nasdaq – BLFY), Golden Entertainment, Inc (Nasdaq - GDEN)
Globenewswire· 2025-12-02 12:51
Merger Agreements and Investigations - Repare Therapeutics Inc. will be acquired by XenoTherapeutics, Inc. and Xeno Acquisition Corp., with shareholders expected to receive US$1.82 per Common Share and a contingent value right for additional cash payments [2] - Axalta Coating Systems Ltd. is set to be acquired by Akzo Nobel N.V., where shareholders will receive 0.6539 shares of Akzo Nobel stock for each share of Axalta Coating common stock [4] - Blue Foundry Bancorp will be acquired by Fulton Financial Corporation, with each share of Blue Foundry common stock exchanged for 0.6500 shares of Fulton common stock, valuing the transaction at approximately $243 million or $11.67 per share [6] - Golden Entertainment, Inc. will be acquired in a sale-leaseback transaction, with stockholders receiving total consideration of $30.00, including a fixed exchange ratio of 0.902 shares of VICI common stock and a cash distribution of $2.75 per share [8] Investigations on Fiduciary Duties - Investigations are ongoing regarding whether the boards of Repare Therapeutics, Axalta Coating, Blue Foundry Bancorp, and Golden Entertainment breached their fiduciary duties by failing to conduct a fair process in the merger agreements [2][4][6][8]
Halper Sadeh LLC Encourages AXTA, SEMR, CDTX Shareholders to Contact the Firm to Discuss Their Rights
Globenewswire· 2025-11-27 23:52
Core Insights - Halper Sadeh LLC is investigating potential violations of federal securities laws and breaches of fiduciary duties related to the sales of Axalta Coating Systems Ltd., Semrush Holdings, Inc., and Cidara Therapeutics, Inc. [1][2] Group 1: Company Transactions - Axalta Coating Systems Ltd. is being sold to Akzo Nobel N.V. for 0.6539 shares of AkzoNobel stock for each share of Axalta common stock [1] - Semrush Holdings, Inc. is being sold to Adobe for $12.00 per share [2] - Cidara Therapeutics, Inc. is being sold to Merck for $221.50 per share in cash [2] Group 2: Legal Actions and Shareholder Rights - Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures, and other relief on behalf of shareholders [3] - Shareholders are encouraged to contact Halper Sadeh LLC to discuss their legal rights and options [4]
BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Axalta Coating Systems Ltd. (NYSE – AXTA), Green Dot Corporation (NYSE – GDOT), Blue Foundry Bancorp (Nasdaq – BLFY), Golden Entertainment, Inc (Nasdaq - GDEN)
Globenewswire· 2025-11-25 12:07
Merger Investigations - Axalta Coating Systems Ltd. is set to be acquired by Akzo Nobel N.V., with shareholders receiving 0.6539 shares of AkzoNobel for each share of Axalta owned. The investigation focuses on whether the Axalta Board breached its fiduciary duties by not conducting a fair process and whether the deal provides fair value to shareholders [2] - Green Dot Corporation will be acquired by Smith Ventures and CommerceOne Financial Corporation for $8.11 in cash and 0.2215 shares of the new bank holding company. The investigation examines if the Green Dot Board failed in its fiduciary duties regarding the fairness of the deal [4] - Blue Foundry Bancorp is being acquired by Fulton Financial Corporation, with each share of Blue Foundry exchanged for 0.6500 shares of Fulton. The transaction is valued at approximately $243 million, or $11.67 per share, and the investigation looks into the Blue Foundry Board's fiduciary duties and the fairness of the deal [6] - Golden Entertainment, Inc. will be acquired in a sale-leaseback transaction, with stockholders receiving a total of $30.00, including a fixed exchange ratio of 0.902 shares of VICI common stock and a cash distribution of $2.75. The investigation concerns whether the Golden Entertainment Board breached its fiduciary duties in the deal process [8]
International Money Express Investor Alert By The Former Attorney General Of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of International Money Express, Inc. - IMXI
Businesswire· 2025-11-20 17:19
Core Viewpoint - Kahn Swick & Foti, LLC is investigating the proposed sale of International Money Express, Inc. (IMXI) to The Western Union Company, focusing on whether the sale price of $16.00 per share adequately reflects the company's value and the process leading to this valuation [1]. Summary by Relevant Sections - **Proposed Transaction Details** - Shareholders of International Money Express, Inc. will receive $16.00 in cash for each share they own in the proposed sale to The Western Union Company [1]. - **Investigation Purpose** - The investigation aims to determine the adequacy of the sale price and the process that led to this valuation, assessing whether the consideration undervalues the company [1]. - **Contact Information** - Interested parties can contact Kahn Swick & Foti, LLC for discussions regarding their legal rights related to the proposed sale [2].
Artisan Partners Global Value Releases Statement on Axalta
Globenewswire· 2025-11-19 22:51
Core Viewpoint - The proposed merger between Akzo Nobel N.V. and Axalta Coating Systems Ltd. is viewed critically, with concerns about Axalta's decision to merge with a company that has a history of poor performance and value stagnation [1][2][3]. Company Performance - Axalta has demonstrated exceptional financial performance, maintaining adjusted EBITDA and adjusted EBITDA margin growth for 12 consecutive quarters [4]. - The company has a net leverage ratio of 2.5x, the lowest in its history, and plans to repurchase up to $250 million of its stock, deploying over 90% of its free cash flow to share repurchases this year [4]. - Axalta's revenue and operating income have shown fluctuations, with a notable decline in net income from €1,060 million in 2015 to €66 million in 2025 [5]. Valuation Concerns - The merger is perceived as a "sellout" of a well-performing business for a company (Akzo Nobel) that has historically underperformed, with earnings and adjusted earnings per share lower over one-, five-, and ten-year periods [2][3]. - The valuation of Akzo Nobel is questioned, as it is seen as a company with inferior assets and financial performance compared to Axalta [2][3]. Market Outlook - There is optimism regarding improved operating conditions in 2026, particularly in the Refinish demand environment in North America, as claims stabilize and destocking headwinds abate [4]. - Leading indicators for the Refinish market are starting to turn positive, suggesting a potential shift in market conditions [4].
SEMR Stock Alert: Halper Sadeh LLC is Investigating Whether the Sale of Semrush Holdings, Inc. is Fair to Shareholders
Businesswire· 2025-11-19 14:08
Nov 19, 2025 9:08 AM Eastern Standard TimeSEMR Stock Alert: Halper Sadeh LLC is Investigating Whether the Sale of Semrush Holdings, Inc. is Fair to ShareholdersShareShareholders should contact the firm immediately as there may be limited time to enforce your rights.NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Semrush Holdings, Inc. (NYSE: SEMR) to Adobe for $12.00 per share is fair to Semrush shareholders.Halper Sadeh encourages Semrush share ...
$HAREHOLDER ALERT: The M&A Class Action Firm Announces An Investigation of Axalta Coating Systems Ltd. (NYSE: AXTA)
Globenewswire· 2025-11-18 22:30
Core Insights - Class Action Attorney Juan Monteverde's firm, Monteverde & Associates PC, is investigating the sale of Axalta Coating Systems Ltd. to Akzo Nobel N.V. and whether the deal is fair for shareholders [1] Company Overview - Monteverde & Associates PC is recognized as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report and has recovered millions for shareholders [1] - The firm is located in the Empire State Building, New York City, and specializes in class action securities litigation [2] Transaction Details - Under the proposed transaction, Axalta shareholders will receive 0.6539 shares of AkzoNobel stock for each share of Axalta common stock [1]
Akzo Nobel N.V. (AKZOY) M&A Call Transcript
Seeking Alpha· 2025-11-18 18:28
PresentationOperator Ladies and gentlemen, thank you for standing by. Welcome to the Axalta and AkzoNobel conference call. [Operator Instructions] As a reminder, this call is being recorded, and a press release and slide presentation regarding today's news are available on the Investor Relations section of each company's website. I would also like to remind everyone that all statements made during the call that relate to future results and events, including the proposed merger, are forward-looking statement ...
Akzo Nobel N.V. (AKZOY) Axalta Coating Systems Ltd. - M&A Call - Slideshow (OTCMKTS:AKZOY) 2025-11-18
Seeking Alpha· 2025-11-18 14:02
Group 1 - The article does not provide any relevant content regarding the company or industry [1]
AXTA Stock Alert: Halper Sadeh LLC is Investigating Whether the Sale of Axalta Coating Systems Ltd. is Fair to Shareholders
Businesswire· 2025-11-18 12:02
Nov 18, 2025 7:02 AM Eastern Standard TimeShareholders should contact the firm immediately as there may be limited time to enforce your rights.NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Axalta Coating Systems Ltd. (NYSE: AXTA) to Akzo Nobel N.V. for 0.6539 shares of AkzoNobel stock for each share of Axalta common stock is fair to Axalta shareholders.Halper Sadeh encourages Axalta shareholders to click here to learn more about their legal ri ...