AstroNova IncAstroNova is being acquired for $29/share; law firm investigates whether deal is fair to shareholders.
Halper Sadeh LLC, an investor rights law firm, is investigating AstroNova, Simulations Plus, and Olin Corporation for potential violations of federal securities laws or breaches of fiduciary duties in connection with their proposed transactions. AstroNova is being sold to Arcline Investment Management for $29.00 per share in cash, Simulations Plus is being sold to affiliates of Altaris for $18.50 per share, and Olin is merging with Huntsman Corporation in a deal that would give Olin shareholders approximately 54.5% of the combined company. The firm notes that insiders may receive substantial financial benefits not available to ordinary shareholders and that the proposed transactions may contain terms that limit superior competing offers. Halper Sadeh LLC may seek increased consideration, additional disclosures, or other relief on behalf of shareholders, and encourages investors to contact the firm to discuss their rights at no cost.
AstroNova IncAstroNova is being acquired for $29/share; law firm investigates whether deal is fair to shareholders.
Olin CorporationOlin is merging with Huntsman; law firm investigates whether deal terms are fair to Olin shareholders.
Simulations Plus IncSimulations Plus is being acquired for $18.50/share; law firm investigates whether deal is fair to shareholders.
Huntsman CorporationHuntsman is merging with Olin; Olin shareholders get 54.5% of combined company, but Huntsman's role is not detailed.