MILWAUKEE--(BUSINESS WIRE)--Ademi LLP is investigating ATSG (NASDAQ: ATSG) for possible breaches of fiduciary duty and other violations of law in its transaction with Stonepeak.
Click here to learn how to join our investigation or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you.
Under the agreement, stockholders of ATSG will receive only $22.50 per share, with an enterprise valuation of approximately $3.1 billion. The transaction agreement unreasonably limits competing transactions for ATSG by imposing a significant penalty if ATSG accepts a competing bid. ATSG insiders will receive substantial benefits as part of change of control arrangements.
We are investigating the conduct of ATSG’s board of directors, and whether they are fulfilling their fiduciary duties to all shareholders.
If you own ATSG common stock and wish to obtain additional information, please contact Guri Ademi either at gademi@ademilaw.com or toll-free: 866-264-3995, or here.
We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights throughout the country. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.
