NEW YORK, NY / ACCESSWIRE / September 16, 2024 / Lifshitz Law Firm
Iteris, Inc. (NASDAQ:ITI)
Lifshitz Law PLLC announces an investigation into possible breach of fiduciary duties in connection with the acquisition of ITI by Almaviva S.p.A. in an all-cash transaction valuing ITI at approximately $335 million equity value. Under the terms of the agreement, ITI shareholders will receive $7.20 in cash for each share of ITI common stock.
If you are an ITI investor and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at info@lifshitzlaw.com.
Vector Group Ltd. (NYSE:VGR)
Lifshitz Law PLLC announces an investigation into possible breach of fiduciary duties in connection with JT Group's acquisition of VGR. Under the terms of the transaction agreement, JT Group will offer to acquire all outstanding shares of VGR common stock for $15.00 per share in cash, which represents a premium of 29.9% over the 60-day volume-weighted average share price, or approximately $2.4 billion of total equity value (in addition to redemption or repayment of debt), through a tender offer and second-step merger. Upon closing of the transaction, VGR will become a wholly owned subsidiary of JT Group.
If you are a VGR investor and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at info@lifshitzlaw.com.
ConnectOne Bancorp, Inc. (NASDAQ:CNOB)
Lifshitz Law PLLC announces an investigation into possible breach of fiduciary duties in connection with CNOB's acquisition of The First of Long Island Corporation. Under the terms of the transaction agreement, The First of Long Island Corporation will be merged with CNOB, with an anticipated post-tax merger charge of $38 million. The combined entity will operate under CNOB and is anticipated to have roughly $14 billion in total assets, $11 billion in total deposits and total loans. CNOB will pay 0.5175 shares of its stock for each share of The First of Long Island Corporation common stock.
If you are a CNOB investor and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at info@lifshitzlaw.com.
First Majestic Silver Corp. (NYSE:AG)
Lifshitz Law PLLC announces an investigation into possible breach of fiduciary duties in connection with AG's acquisition of Gatos Silver, Inc. Under the terms of the transaction agreement, Gatos Silver shareholders will receive 2.550 common shares of AG for each common share of Gatos Silver held. The consideration implies a total offer value of $13.49 per common share of Gatos Silver based on the closing price of AG's shares on the New York Stock Exchange (NYSE) on Sep. 4, 2024. It represents a 16% premium based on each company's closing prices and 20-day volume weighted average prices on the NYSE on Sept. 4, 2024.
If you are an AG investor and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at info@lifshitzlaw.com.
ATTORNEY ADVERTISING. © 2024 Lifshitz Law PLLC. The law firm responsible for this advertisement is Lifshitz Law PLLC, 1190 Broadway, Hewlett, New York 11557, Tel: (516) 493-9780. Prior results do not guarantee or predict a similar outcome with respect to any future matter.
CONTACT:
Joshua M. Lifshitz, Esq.
Lifshitz Law PLLC
Phone: 516-493-9780
Facsimile: 516-280-7376
Email: info@lifshitzlaw.com
SOURCE: Lifshitz Law Firm
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