NEW YORK, NY / ACCESSWIRE / November 15, 2024 / Lifshitz Law Firm
Liberty Broadband Corporation (NASDAQ:LBRDA)
Lifshitz Law PLLC announces an investigation into possible breach of fiduciary duties in connection with the acquisition of LBRDA by Charter Communications, Inc. ("Charter"). Under the terms of the transaction agreement, each holder of LBRDA common stock will receive 0.236 of a share of Charter common stock per share of LBRDA common stock held, with cash to be issued in lieu of fractional shares. Each holder of LBRDA Series A cumulative redeemable preferred stock ("LBRDA preferred stock") will receive one share of newly issued Charter cumulative redeemable preferred stock ("Charter preferred stock") per share of LBRDA preferred stock held, which Charter preferred stock will substantially mirror the current terms of the LBRDA preferred stock.
If you are an LBRDA 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.
Liberty Live Group (NASDAQ:LLYVA)
Lifshitz Law PLLC announces an investigation into possible breach of fiduciary duties in connection with the split-off (the "Split-Off") of LLYVA from Liberty Media Corporation ("Liberty Media"). Under the terms of the transaction agreement, Liberty Media will effect the Split-Off through the redemption of Liberty Media's LLYVA common stock in exchange for common stock of a newly formed company to be called Liberty Live, Inc. Liberty Media would redeem each outstanding share of its Series A, Series B and Series C LLYVA common stock for one share of the corresponding series of common stock of Liberty Live, Inc. As a result of the Split-Off, Liberty Media and Liberty Live, Inc. would be separate publicly traded companies, and Liberty Media would no longer have a tracking stock structure. Any cash consideration would be determined at a future date based on relative valuations at the time of the reattribution.
If you are an LLYVA 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.
Pulmatrix, Inc. (NASDAQ:PULM)
Lifshitz Law PLLC announces an investigation into possible breach of fiduciary duties in connection with the merger between PULM and Cullgen Inc. ("Cullgen"). Under the terms of the transaction agreement, PULM stockholders are expected to own approximately 3.6% of the combined company, and pre-merger Cullgen stockholders are expected to own approximately 96.4% of the combined company which will operate under the name Cullgen Inc., be headquartered in San Diego, California, and trade on Nasdaq. PULM stockholders will also receive a special cash dividend to the extent that PULM's net cash at closing exceeds $2.5 million, subject to certain adjustments.
If you are a PULM 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.
Adams Resources & Energy, Inc. (NYSE:AE)
Lifshitz Law PLLC announces an investigation into possible breach of fiduciary duties in connection with the acquisition of AE by an affiliate of Tres Energy LLC ("Tres Energy"). Under the terms of the transaction agreement, AE stockholders will receive $38.00 per share in cash for each share of AE common stock owned as of the closing of the transaction. The per share purchase price represents a 39% premium to the AE's closing share price of $27.32 on November 11, 2024, the last full trading date prior to the announcement of the transaction, and a 53% premium to the AE's three-month volume-weighted average per share price for the period ended November 11, 2024. Upon completion of the transaction, AE's shares will no longer trade on the NYSE American, and AE will become a private company.
If you are an AE 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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