TipRanks

CPE Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Proposed Merger of Callon Petroleum Company With APA Corp.

Retrieved on: 
Thursday, January 4, 2024

MONSEY, N.Y., Jan. 04, 2024 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the proposed merger of Callon Petroleum Company (NYSE: CPE) (“Callon”) with APA Corp. (“APA”) in an all-stock transaction that values Callon at approximately $38.31/share, which is below the average price target on Wall Street for Callon stock of $43.10 per share.

Key Points: 
  • MONSEY, N.Y., Jan. 04, 2024 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the proposed merger of Callon Petroleum Company (NYSE: CPE) (“Callon”) with APA Corp. (“APA”) in an all-stock transaction that values Callon at approximately $38.31/share, which is below the average price target on Wall Street for Callon stock of $43.10 per share.
  • The exchange values Callon at approximately $38.31 per share based on APA’s closing price on January 3, 2024.
  • “We are investigating whether the Callon Board of Directors acted in the best interests of Callon shareholders in approving the sale,” explained Joshua Fruchter, a founding partner of Wohl & Fruchter.
  • This indicates that virtually all Wall Street analysts think the implied deal price is too low.

DOC Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Proposed Merger of Physicians Realty Trust With Healthpeak Properties

Retrieved on: 
Monday, October 30, 2023

MONSEY, N.Y., Oct. 30, 2023 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the proposed merger of Physicians Realty Trust (NYSE: DOC) (“DOC”) with Healthpeak Properties (“Healthpeak”) in an all-stock transaction valued at approximately $21 billion.

Key Points: 
  • MONSEY, N.Y., Oct. 30, 2023 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the proposed merger of Physicians Realty Trust (NYSE: DOC) (“DOC”) with Healthpeak Properties (“Healthpeak”) in an all-stock transaction valued at approximately $21 billion.
  • Under the terms of the merger agreement, DOC shareholders will receive 0.674 newly-issued Healthpeak common shares for each DOC common share they own.
  • According to TipRanks, the implied deal price of $11.07 per DOC share is below the average DOC price target for Wall Street analysts of $15.61 per share.
  • “We are investigating whether the DOC Board of Directors acted in the best interests of DOC shareholders in approving the sale,” explained Joshua Fruchter, a founding partner of Wohl & Fruchter.

SRC Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Proposed Sale of Spirit Realty Capital, Inc.

Retrieved on: 
Monday, October 30, 2023

MONSEY, N.Y., Oct. 30, 2023 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the proposed sale of Spirit Realty Capital, Inc. (NYSE: SRC) (“Spirit”) to Realty Income Corporation (“Realty Income”) in an all-stock transaction valued at approximately $9.3 billion.

Key Points: 
  • MONSEY, N.Y., Oct. 30, 2023 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the proposed sale of Spirit Realty Capital, Inc. (NYSE: SRC) (“Spirit”) to Realty Income Corporation (“Realty Income”) in an all-stock transaction valued at approximately $9.3 billion.
  • On October 30, 2023, Spirit announced that it had agreed to be sold to Realty Income in an all-stock transaction valued at approximately $9.3 billion.
  • Under the terms of the merger agreement, Spirit shareholders will receive 0.762 newly-issued Realty Income common shares for each Spirit common share they own.
  • “We are investigating whether the Spirit Board of Directors acted in the best interests of Spirit shareholders in approving the sale,” explained Joshua Fruchter, a founding partner of Wohl & Fruchter.

ESMT Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Proposed Sale of EngageSmart, Inc.

Retrieved on: 
Wednesday, October 25, 2023

MONSEY, N.Y., Oct. 25, 2023 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the proposed sale of EngageSmart, Inc. (NYSE: ESMT) (“ESMT”) to Vista Equity Partners (“Vista”) for $23.00 per share in cash.

Key Points: 
  • MONSEY, N.Y., Oct. 25, 2023 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the proposed sale of EngageSmart, Inc. (NYSE: ESMT) (“ESMT”) to Vista Equity Partners (“Vista”) for $23.00 per share in cash.
  • On October 23, 2023, ESMT announced that it had agreed to be sold to Vista for $23.00 per share in cash.
  • Upon closing of the sale, Vista will hold approximately 65%, and General Atlantic will hold approximately 35% of the outstanding common stock.
  • “We are investigating whether the ESMT Board of Directors acted in the best interests of ESMT shareholders in approving the sale,” explained Joshua Fruchter, a founding partner of Wohl & Fruchter.

HES Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Proposed Sale of Hess Corporation to Chevron

Retrieved on: 
Monday, October 23, 2023

MONSEY, N.Y., Oct. 23, 2023 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the proposed sale of Hess Corporation (NYSE: HES) (“Hess”) to Chevron Corporation (“Chevron”) in an all-stock transaction valued at $171.00 per share.

Key Points: 
  • MONSEY, N.Y., Oct. 23, 2023 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the proposed sale of Hess Corporation (NYSE: HES) (“Hess”) to Chevron Corporation (“Chevron”) in an all-stock transaction valued at $171.00 per share.
  • On October 23, 2023, Hess announced that it had agreed to be sold to Chevron in an all-stock transaction valued at $171.00 per share based on Chevron’s closing price on October 20, 2023.
  • Under the terms of the agreement, Hess shareholders will receive 1.0250 shares of Chevron for each Hess share.
  • “We are investigating whether the Hess Board of Directors acted in the best interests of Hess shareholders in approving the sale,” explained Joshua Fruchter, a founding partner of Wohl & Fruchter.

CFI Innovates as First to Incorporate TipRanks Plug-in on MetaTrader to Empower Investors

Retrieved on: 
Wednesday, September 27, 2023

CFI, a trailblazer in the finance arena, is the first broker in the world to incorporate TipRanks via a MetaTrader plug-in that displays TipRanks' proprietary datasets.

Key Points: 
  • CFI, a trailblazer in the finance arena, is the first broker in the world to incorporate TipRanks via a MetaTrader plug-in that displays TipRanks' proprietary datasets.
  • CFI's new TipRanks MetaTrader plug-in gives its clients access to the same data that the largest hedge funds use.
  • Uri Gruenbaum, CEO of TipRanks, said, "TipRanks is proud to be integrated into CFI's platform through the new MetaTrader plug-in.
  • Together, CFI and TipRanks are giving CFI's customers the best and latest technology as we level the playing field for all investors."

Rakuten Securities Revolutionizing its Platform with TipRanks' Tools

Retrieved on: 
Monday, September 18, 2023

Rakuten Securities, Inc., which hosts an incredible nine million securities accounts, is displaying TipRanks' datasets, empowering investors to make smart, data-driven decisions.

Key Points: 
  • Rakuten Securities, Inc., which hosts an incredible nine million securities accounts, is displaying TipRanks' datasets, empowering investors to make smart, data-driven decisions.
  • Rakuten Securities' clients will be able to explore TipRanks' top-level stock research tools to choose market-beating stocks.
  • Uri Gruenbaum, CEO of TipRanks, said, "TipRanks is proud to be integrated into Rakuten Securities' brokerage platform.
  • Yuji Kusunoki, CEO of Rakuten Securities, said, "Thanks to TipRanks' wonderful service, Rakuten Securities users will be able to acquire more extensive investment information that will affect the future stock prices of individual US companies.

TipRanks Wins First Place in the "Objetivo Fintech Award 2023" Contest

Retrieved on: 
Tuesday, June 27, 2023

NEW YORK, June 27, 2023 /PRNewswire/ -- TipRanks, the stock research website that levels the playing field for every investor, has placed first in the Objetivo Fintech Award 2023 contest.

Key Points: 
  • NEW YORK, June 27, 2023 /PRNewswire/ -- TipRanks, the stock research website that levels the playing field for every investor, has placed first in the Objetivo Fintech Award 2023 contest.
  • TipRanks' expertise at monitoring and measuring the performance of more than 96,000 financial experts helped it clinch the first-place position.
  • Vector's Global Fintech contest attracted Fintech companies from across the world, with contestants from 32 countries on four continents angling for first place.
  • Uri Gruenbaum, CEO and co-founder of TipRanks, said, "TipRanks is proud to be recognized as the top Fintech company by the Vector Global Objetivo Fintech Award.

Banxso Announces the Renewal of Partnership with Bafana Bafana

Retrieved on: 
Friday, June 16, 2023

To view an enhanced version of this graphic, please visit:

Key Points: 
  • To view an enhanced version of this graphic, please visit:
    The award-winning, FSCA-licensed multi-asset brokerage firm in South Africa, Banxso, concentrates on offering cutting-edge financial services.
  • Since the establishment of this partnership, Banxso has grown significantly to become the leading broker in South Africa, earning a reputation for its cutting-edge, customer-focused methodology and sophisticated technology.
  • The Banxso platform offers countless free connections with top trading platforms throughout the world, including MetaTrader, TipRanks, Trading Central, and ZuluTrade.
  • The cooperation between Banxso and Bafana Bafana is in a generative phase, following a long history the two have had as partners.

Deepwater Brings on Industry Veteran Michael Olson as Venture Partner

Retrieved on: 
Wednesday, April 12, 2023

Deepwater Asset Management (“Deepwater" or the “Firm”), a leading growth investment firm, today announced the hiring of Michael Olson as venture partner to build the firm’s next fund.

Key Points: 
  • Deepwater Asset Management (“Deepwater" or the “Firm”), a leading growth investment firm, today announced the hiring of Michael Olson as venture partner to build the firm’s next fund.
  • An award-winning analyst, Olson spent the first 19 years of his career in tech-focused equity research with Piper Sandler.
  • “Deepwater’s roots were sprouted in technology, which dovetails perfectly with Mike’s well-established talent and expertise,” Deepwater co-founder and managing partner Gene Munster said.
  • Mike‘s unique combination of tech analysis and operational experience makes him a great fit to help build our next chapter in venture.”