NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Six Flags Entertainment Corporation (NYSE: SIX) to Cedar Fair for 0.5800 shares of common stock in the new combined company for each Six Flags share is fair to Six Flags shareholders. Following the close of the proposed transaction, Six Flags shareholders will own approximately 48.8% of the combined company.
Halper Sadeh encourages Six Flags shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.
The investigation concerns whether Six Flags and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for Six Flags shareholders; (2) determine whether Cedar Fair is underpaying for Six Flags; and (3) disclose all material information necessary for Six Flags shareholders to adequately assess and value the merger consideration. On behalf of Six Flags shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
Halper Sadeh encourages Six Flags shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.
Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.
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