UTZ Reminder: BFA Law Reminds Utz Brands Shareholders of the Pending Investigation into the Proposed $14.25 per share Transaction with Intersnack Group
Bleichmar Fonti & Auld LLP announced an investigation into the proposed take-private merger of Utz Brands by Intersnack Group. The investigation focuses on potential breaches of fiduciary duty regarding the $14.25 per share cash offer, noting the founding family will retain a 50% ownership stake post-merger.
Key figures
- Offering Price
- 14.25
- Founder family post ownership
- 50%
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