MG Stock Alert: Halper Sadeh LLC is Investigating Whether MISTRAS Group, Inc. is Obtaining a Fair Price for its Shareholders
Halper Sadeh LLC, an investor rights law firm, announced it is investigating the sale of MISTRAS Group (NYSE: MG) to affiliates of H.I.G. Capital for $20.35 per share in cash. The firm contends MISTRAS and its board may have breached fiduciary duties by failing to obtain the best price, run a conflict-free sales process, and disclose all material information; it also claims insiders may receive benefits unavailable to ordinary shareholders.
Key figures
- Deal price per share
- 20.35
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