Halper Sadeh LLC Investigates Whether ALOT, SLP, OLN Are Obtaining Fair Deals for Their Shareholders

GlobeNewswire··Read original
2▲0 ▼0Impact / 5
Summary · why it matters

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.

Impact on assets 4

Aerospace & Aviation▲ · 1 stocks
AstroNova Inc
ALOT
± MixedCapitalrelevance

AstroNova is being acquired for $29/share; law firm investigates whether deal is fair to shareholders.

Defense & Geopolitical Fragmentation▲ · 1 stocks
Olin Corporation
OLN
± MixedCapitalrelevance

Olin is merging with Huntsman; law firm investigates whether deal terms are fair to Olin shareholders.

Biotech & Genomic Medicine▲ · 1 stocks
Simulations Plus Inc
SLP
± MixedCapitalrelevance

Simulations Plus is being acquired for $18.50/share; law firm investigates whether deal is fair to shareholders.

Materials▲ · 1 stocks
Huntsman Corporation
HUN
± MixedCapitalrelevance

Huntsman is merging with Olin; Olin shareholders get 54.5% of combined company, but Huntsman's role is not detailed.