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$MCW Notice: Mister Car Wash, Inc.'s $7 Take Private Deal Sparks Board Investigation over Fiduciary Duties – Shareholders Notified to Contact BFA Law
Globenewswire· 2026-02-25 11:37
NEW YORK, Feb. 25, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Mister Car Wash, Inc.’s (NASDAQ: MCW) board of directors and its controlling stockholder, LGP, for potential breaches of their fiduciary duties to shareholders in connection with a potential take-private sale of Mister Car Wash that would cash out every public stockholder for $7 per share. If you are a current shareholder of Mister Car Wash, you are encouraged to obtain addition ...
$MCW Investigation: BFA Law Urges Mister Car Wash, Inc. Shareholders to Act in Investigation into the Board over $7 Take Private Deal
TMX Newsfile· 2026-02-24 11:36
New York, New York--(Newsfile Corp. - February 24, 2026) - Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Mister Car Wash, Inc.'s (NASDAQ: MCW) board of directors and its controlling stockholder, LGP, for potential breaches of their fiduciary duties to shareholders in connection with a potential take-private sale of Mister Car Wash that would cash out every public stockholder for $7 per share.If you are a current shareholder of Mister Car Wash, you are encouraged to ...
MCW Stock Alert: Halper Sadeh LLC is Investigating Whether Mister Car Wash, Inc. is Obtaining a Fair Price for its Shareholders
Businesswire· 2026-02-23 14:38
Core Viewpoint - Halper Sadeh LLC is investigating the sale of Mister Car Wash, Inc. to Leonard Green & Partners for $7.00 per share in cash, focusing on the rights and options available to Mister shareholders [1] Group 1 - The sale price for Mister Car Wash is set at $7.00 per share in cash [1] - The investigation by Halper Sadeh LLC aims to determine the actions of Mister Car Wash and its board of directors regarding the sale [1]
$MCW Alert: Mister Car Wash, Inc. Board Investigated for Breaches of Fiduciary Duties – Current Shareholders Reminded to Contact BFA Law
Globenewswire· 2026-02-23 12:07
Core Viewpoint - Bleichmar Fonti & Auld LLP is investigating Mister Car Wash, Inc. and its controlling stockholder, LGP, for potential breaches of fiduciary duties related to a proposed take-private sale at $7 per share, which may be considered unfair to public stockholders [1][3][6]. Group 1: Investigation Details - The investigation was prompted by Mister Car Wash's announcement on February 18, 2026, regarding its agreement to be acquired by Leonard Green & Partners, L.P. (LGP) for $7.00 per share, which may be viewed as an unfairly low price [3]. - LGP holds over 66% of Mister Car Wash's common stock, allowing it to exert significant control over corporate decisions, including mergers and sales [4]. - LGP has already approved the take-private sale using its shares and does not intend to seek further votes from public stockholders, raising concerns about potential conflicts of interest [5]. Group 2: Legal Implications - The investigation aims to determine if Mister Car Wash's board of directors and LGP have violated their fiduciary duties to the company's stockholders in relation to the proposed transaction [6]. - Current shareholders of Mister Car Wash are encouraged to seek additional information and may have legal options available to them [2][7].
Mister Car Wash, Inc. ($MCW) Shareholders Notified to Contact BFA Law About Its Pending Investigation into the $7 per Share Take Private Transaction
TMX Newsfile· 2026-02-22 11:07
Core Viewpoint - Bleichmar Fonti & Auld LLP is investigating Mister Car Wash, Inc.'s board of directors and its controlling stockholder, LGP, for potential breaches of fiduciary duties to shareholders related to a proposed take-private sale at $7 per share, which may be considered unfairly low [1][3][6]. Group 1: Investigation Details - The investigation was prompted by Mister Car Wash's announcement on February 18, 2026, regarding its agreement to be acquired by Leonard Green & Partners, L.P. (LGP) for $7.00 per share, raising concerns about the fairness of the price offered to stockholders [3]. - LGP, owning over 66% of Mister Car Wash's common stock, has significant control over corporate decisions, including the approval of mergers and sales, which may lead to conflicts of interest [4]. - LGP has already utilized its majority shares to approve the take-private sale without seeking further votes from public stockholders, potentially incentivizing a low sale price [5]. Group 2: Legal Implications - Bleichmar Fonti & Auld LLP is assessing whether the actions of Mister Car Wash's board and LGP constitute breaches of fiduciary duties to the public stockholders in light of the proposed transaction [6]. - Current shareholders of Mister Car Wash are encouraged to seek additional information and may have legal options available to them [2][7].
$MCW Stock Notice: Mister Car Wash, Inc. Hit with Investigation After Take Private Offer Announced – Current Shareholders Urged to Contact BFA Law
Globenewswire· 2026-02-21 11:23
Core Viewpoint - Bleichmar Fonti & Auld LLP is investigating Mister Car Wash, Inc.'s board of directors and its controlling stockholder, LGP, for potential breaches of fiduciary duties related to a proposed take-private sale at $7 per share, which may be considered unfair to public stockholders [1][3][6]. Group 1: Investigation Details - The investigation was prompted by Mister Car Wash's announcement on February 18, 2026, regarding its agreement to be acquired by Leonard Green & Partners, L.P. (LGP) for $7.00 per share, which may be an unfairly low price [3]. - LGP owns over 66% of Mister Car Wash's common stock, allowing it to exert significant control over corporate decisions, including mergers and sales [4]. - LGP has already used its majority shares to approve the take-private sale without seeking further votes from public stockholders, raising concerns about potential conflicts of interest [5]. Group 2: Legal Implications - The investigation aims to determine if Mister Car Wash's board and LGP have breached their fiduciary duties to the public stockholders in connection with the proposed transaction [6]. - Current shareholders of Mister Car Wash are encouraged to seek additional information and may have legal options available to them [2][7].
Kaskela Law Firm Announces Investigation into Fairness of Mister Car Wash, Inc. (Nasdaq: MCW) Shareholder Buyout and Encourages Current MCW Shareholders to Contact the Firm
Globenewswire· 2026-02-20 13:01
PHILADELPHIA, Feb. 20, 2026 (GLOBE NEWSWIRE) -- On behalf of Mister Car Wash, Inc. (Nasdaq: MCW) shareholders, Kaskela Law LLC reports that it is investigating the recently announced proposed buyout of Mister Car Wash’s shareholders to determine whether the buyout price is fair to the company’s investors. Click here to request additional information: https://kaskelalaw.com/case/mister-car-wash/  February 18, 2026, Mister Car Wash announced that it had agreed to be acquired by private equity investment firm ...
Mister Car Wash (NYSE:MCW) Sees Unusually-High Trading Volume After Strong Earnings
Defense World· 2026-02-20 08:39
Mister Car Wash, Inc. (NYSE:MCW – Get Free Report) saw an uptick in trading volume on Thursday following a stronger than expected earnings report. 3,011,764 shares traded hands during mid-day trading, an increase of 29% from the previous session’s volume of 2,330,270 shares.The stock last traded at $6.9950 and had previously closed at $6.98. Get Mister Car Wash alerts: The company reported $0.11 EPS for the quarter, topping the consensus estimate of $0.10 by $0.01. Mister Car Wash had a net margin of 7.06% ...
Why Mister Car Wash Stock Surged This Morning
Yahoo Finance· 2026-02-18 16:37
Core Insights - Mister Car Wash shares surged approximately 16.4% to $6.99 following the announcement of a definitive merger agreement to go private at $7.00 per share [1][3] - The acquisition price represents a 29% premium over the volume-weighted average price of the stock over the past 90 days, implying an enterprise value of $3.1 billion for the company [3] Financial Performance - For the fourth quarter, Mister Car Wash reported adjusted earnings per share of 11 cents, slightly exceeding Wall Street expectations [4] - Revenue increased by 4% year-over-year to $261.2 million, with the addition of 16 new locations during the period [4] - The net income for the quarter was reported at $20.1 million [4] Acquisition Details - The private equity firm Leonard Green & Partners (LGP), which already owns about 67% of Mister Car Wash, will acquire the remaining shares [3][5] - The transaction is anticipated to close by the end of June [3]
Here's What Key Metrics Tell Us About Mister Car Wash (MCW) Q4 Earnings
ZACKS· 2026-02-18 15:31
For the quarter ended December 2025, Mister Car Wash (MCW) reported revenue of $261.24 million, up 4% over the same period last year. EPS came in at $0.11, compared to $0.09 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $262.28 million, representing a surprise of -0.39%. The company delivered an EPS surprise of +10%, with the consensus EPS estimate being $0.10.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and ho ...