BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Luxfer Holdings PLC (NYSE – LXFR), Finward Bancorp (Nasdaq – FNWD), Personalis, Inc. (Nasdaq – PSNL), Distribution Solutions Group, Inc. (Nasdaq – DSGR)
Brodsky & Smith issued an investigation notice regarding Distribution Solutions Group's proposed sale to LKCM Headwater Investments for $35.00 per share in cash. The firm is examining whether the board breached fiduciary duties or failed to ensure a fair process, noting the acquirer already owns 79% of outstanding shares.
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