NEW YORK, NY / ACCESSWIRE / November 7, 2024 / Air Transport Services Group, Inc. (NASDAQ:ATSG)
Lifshitz Law PLLC announces an investigation into possible breach of fiduciary duties in connection with the acquisition of ATSG by Stonepeak. Under the terms of the definitive agreement, holders of ATSG's common shares will receive $22.50 per share in cash. The purchase price represents a premium of approximately 29.3% over ATSG's closing share price on November 1, 2024.
If you are an ATSG 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.
Staffing 360 Solutions, Inc. (NASDAQ:STAF)
Lifshitz Law PLLC announces an investigation into possible breach of fiduciary duties in connection with the acquisition of STAF by Atlantic International Corp. ("Atlantic"). Under the terms of the definitive agreement, Atlantic will acquire all outstanding shares of STAF's common stock. The STAF shareholders will receive 1.202 Atlantic shares for each STAF share. Atlantic and STAF shareholders will own approximately 90% and 10%, respectively, of the combined company on a fully diluted basis.
If you are an STAF 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.
Mid Penn Bancorp, Inc. (NASDAQ:MPB)
Lifshitz Law PLLC announces an investigation into possible breach of fiduciary duties in connection with MPB's acquisition of William Penn Bancorporation ("William Penn"). Under the terms of the definitive agreement, William Penn will merge with and MPB in an all-stock transaction valued at approximately $127 million, based on MPB's closing stock price as of October 30, 2024. William Penn shareholders will receive 0.4260 shares of MPB common stock for each share of William Penn common stock. In addition, all options of William Penn will be rolled into MPB equivalent options. Based on MPB's closing stock price of $31.88 per share as of October 30, 2024, the implied transaction value is approximately $13.58 per William Penn share, or $127 million, in the aggregate.
If you are an MPB 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.
Aerovate Therapeutics, Inc. (NASDAQ:AVTE)
Lifshitz Law PLLC announces an investigation into possible breach of fiduciary duties in connection with the merger between AVTE and Jade Biosciences ("Jade"). Under the terms of the definitive merger agreement, pre-merger AVTE stockholders are expected to own approximately 1.6% of the combined company, while pre-merger Jade stockholders - including those investors participating in the pre-closing financing - are expected to own approximately 98.4% of the combined entity. AVTE is not expected to contribute funds to the new entity and expects to pay a dividend of approximately $65 million to pre-merger AVTE stockholders immediately prior to the closing of the merger. Upon completion of the merger, the combined company plans to operate under the name Jade Biosciences and trade on Nasdaq under the ticker symbol "JBIO."
If you are an AVTE 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 PLLC
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