BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Safety Insurance Group, Inc. (Nasdaq – SAFT), Utz Brands, Inc. (NYSE – UTZ), Distribution Solutions Group, Inc. (Nasdaq – DSGR), Cross Country Healthcare, Inc. (Nasdaq – CCRN)
Brodsky & Smith notified investors regarding an investigation into Distribution Solutions Group's proposed sale to LKCM Headwater Investments for $35.00 per share. The investigation focuses on potential breaches of fiduciary duties, specifically highlighting that the acquirer currently owns approximately 79% of the company and is managed by DSGR's CEO.
Key figures
- Acquisition price per share
- $35.00
- Acquirer current ownership percent
- 79%
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