Utz Brands (NYSE:UTZ) Merger Investigation: Current Shareholders Who are Unhappy with the $14.25 per share Offer are Notified to Contact BFA Law
Bleichmar Fonti & Auld LLP announced it is investigating the proposed take-private merger of Utz Brands by Intersnack Group at $14.25 per share. The investigation focuses on potential breaches of fiduciary duty, specifically noting that the founding Rice and Lissette family will retain 50% ownership post-merger while public shareholders are being cashed out.
Key figures
- Offering Price
- 14.25
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