Company valuation in a sale transaction
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FONAR Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of FONAR Corporation - FONR
Businesswire· 2025-12-31 00:33
Core Viewpoint - The proposed sale of FONAR Corporation to affiliates of CEO Timothy Damadian and certain executives and directors is under investigation to assess whether the offered consideration adequately reflects the company's value [1]. Summary by Relevant Sections - **Proposed Transaction Details** - Shareholders of FONAR will receive $19.00 per share for common stock, $19.00 per share for Class B common stock, and $6.34 per share for Class C common stock [1]. - **Investigation Purpose** - Kahn Swick & Foti, LLC is investigating the adequacy of the proposed sale consideration and the process leading to this valuation to determine if it undervalues the company [1].