CIR

SHAREHOLDER ALERT: The M&A Class Action Firm Continues Investigating the Merger – CIR, GHL, KDNY, AJX

Retrieved on: 
Monday, July 17, 2023

Under the terms of the agreement, CIR shareholders will receive $49.00 in cash per share they own.

Key Points: 
  • Under the terms of the agreement, CIR shareholders will receive $49.00 in cash per share they own.
  • Greenhill & Co., Inc. (NYSE: GHL ), relating to its proposed sale to Mizuho Financial Group, Inc.
  • Under the terms of the agreement, GHL shareholders are expected to receive $15.00 in cash per share they own.
  • Under the terms of the agreement, AJX shareholders are expected to receive 0.5308 shares of Ellington per share they own.

STOCKHOLDER ALERT: The M&A Class Action Firm Continues Investigating the Merger – CIR, PDCE, TALS, QUOT

Retrieved on: 
Tuesday, July 11, 2023

Under the terms of the agreement, CIR shareholders will receive $49.00 in cash per share they own.

Key Points: 
  • Under the terms of the agreement, CIR shareholders will receive $49.00 in cash per share they own.
  • PDC Energy, Inc. (NASDAQ: PDCE ), relating to its proposed merger with Chevron Corp.
  • Under the terms of the agreement, PDCE shareholders are expected to receive 0.4638 shares of Chevron per share they own.
  • Under the terms of the agreement, QUOT shareholders are expected to receive $4.00 in cash per share they own.

(CIR): Johnson Fistel Investigates Proposed Sale of CIRCOR International; Is $49.00 a Fair Price?

Retrieved on: 
Monday, July 10, 2023

On June 5, 2023, CIRCOR announced that it has entered into a definitive agreement to be acquired by KKR.

Key Points: 
  • On June 5, 2023, CIRCOR announced that it has entered into a definitive agreement to be acquired by KKR.
  • The investigation concerns whether the CIRCOR board failed to satisfy its fiduciary duties to the Company’s stockholders.
  • First, the investigation includes determining whether the board obtained the best price possible for CIRCOR shares of common stock.
  • Finally, the investigation concerns whether the CIRCOR board adequately pursued alternatives to the proposed acquisition.

CIRCOR International Enters into Amended Definitive Merger Agreement with KKR at $56.00 Per Share in Cash

Retrieved on: 
Thursday, June 29, 2023

Under the terms of the Amended Agreement, in addition to receiving $56.00 per share, CIRCOR stockholders will, subject to certain conditions, receive additional cash consideration from KKR if the transaction has not closed by October 31, 2023.

Key Points: 
  • Under the terms of the Amended Agreement, in addition to receiving $56.00 per share, CIRCOR stockholders will, subject to certain conditions, receive additional cash consideration from KKR if the transaction has not closed by October 31, 2023.
  • CIRCOR’s Board of Directors (the “Board”) received the Amended Agreement from KKR on June 29, 2023, following receipt of an unsolicited, binding acquisition proposal from Arcline Investment Management LP (“Arcline”) to acquire CIRCOR for $57.00 in cash.
  • KKR’s Amended Agreement also offers greater financing certainty and a clearer and faster path to receiving anticipated antitrust approvals.
  • With the additional value, anticipated timely closing and a clear and direct regulatory path, the KKR agreement achieves that commitment.”
    The Board unanimously supports the Amended Agreement with KKR and recommends that stockholders vote in favor of the amended KKR transaction.

STOCKHOLDER ALERT: The M&A Class Action Firm Continues Investigating the Merger – CIR, TALS, CHRA, QUOT

Retrieved on: 
Thursday, June 29, 2023

Under the terms of the agreement, CIR shareholders will receive $49.00 in cash per share they own.

Key Points: 
  • Under the terms of the agreement, CIR shareholders will receive $49.00 in cash per share they own.
  • Talaris Therapeutics Inc. (Nasdaq: TALS ), relating to its proposed merger with Tourmaline Bio, Inc.
  • Under the terms of the agreement, TALS shareholders are expected to own approximately 21.3% of the combined company.
  • Under the terms of the agreement, QUOT shareholders are expected to receive $4.00 in cash per share they own.

CIRCOR International Enters Into Amendment to Definitive Merger Agreement With KKR at $51 Per Share

Retrieved on: 
Tuesday, June 27, 2023

In addition, KKR has agreed to provide a full equity backstop for the consummation of the merger.

Key Points: 
  • In addition, KKR has agreed to provide a full equity backstop for the consummation of the merger.
  • The termination fee payable by CIRCOR to KKR in certain circumstances has been increased from $28 million to $42.75 million.
  • The amendment was executed after CIRCOR received an unsolicited proposal from a third party to acquire all of the issued and outstanding shares of CIRCOR common stock for $52.65 per share in cash.
  • The transaction remains on track to close in the fourth quarter of 2023, and KKR and CIRCOR submitted their Hart-Scott-Rodino filings on June 20, 2023.

STOCKHOLDER ALERT: The M&A Class Action Firm Continues Investigating the Merger – DICE, CIR, LSI, GHL

Retrieved on: 
Thursday, June 22, 2023

Under the terms of the agreement, DICE shareholders are expected to receive $48.00 in cash per share they own.

Key Points: 
  • Under the terms of the agreement, DICE shareholders are expected to receive $48.00 in cash per share they own.
  • It is free and there is no cost or obligation to you.
  • Under the terms of the agreement, LSI shareholders are expected to receive 0.8950 shares of Extra Space per share they own.
  • Under the terms of the agreement, GHL shareholders are expected to receive $15.00 in cash per share they own.

Lifshitz Law PLLC Announces Investigations of PRTK, CIR, REUN, and FATE

Retrieved on: 
Sunday, June 11, 2023

Lifshitz Law PLLC announces an investigation into possible breach of fiduciary duties in connection with the sale of CIR to investment funds managed by KKR for $49.00 per share in cash.

Key Points: 
  • Lifshitz Law PLLC announces an investigation into possible breach of fiduciary duties in connection with the sale of CIR to investment funds managed by KKR for $49.00 per share in cash.
  • Lifshitz Law PLLC announces an investigation into possible breach of fiduciary duties in connection with the sale of REUN to affiliates of MPM BioImpact for $1.12 per share in cash.
  • If you are a FATE investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq.
  • The law firm responsible for this advertisement is Lifshitz Law PLLC, 1190 Broadway, Hewlett, New York 11557, Tel: (516)493-9780.

CIRCOR INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of CIRCOR International, Inc. - CIR

Retrieved on: 
Thursday, June 8, 2023

and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of CIRCOR International, Inc. (NYSE: CIR) to KKR & Co. Inc. (NYSE: KKR).

Key Points: 
  • and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of CIRCOR International, Inc. (NYSE: CIR) to KKR & Co. Inc. (NYSE: KKR).
  • Under the terms of the proposed transaction, shareholders of CIRCOR will receive $49.00 in cash for each share of CIRCOR that they own.
  • KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
  • To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com .

Marlink Simplifies Operations and Expands Network Flexibility with Upgrade to ST Engineering iDirect Dialog 2.5.1

Retrieved on: 
Thursday, June 8, 2023

HERNDON, Va., June 8, 2023 /PRNewswire-PRWeb/ -- ST Engineering iDirect, a global leader in satellite communications, today announced that service provider Marlink has upgraded to the latest Dialog® 2.5.1 release to take full advantage of its global network, increasing performance and simplifying the operations of customers across several markets. The latest release effectively combines the extra-high throughput from high resolution coding (HRC) and scaling from MRC, two former versions of Dialog's award-winning waveform Mx-DMA®, into a single return technology.

Key Points: 
  • The performance gains with Marlink's upgrade to Dialog 2.5.1 are significant.
  • ST Engineering iDirect, a subsidiary of ST Engineering, is a global leader in satellite communications (satcom) providing technology and solutions that enable its customers to expand their business, differentiate their services and optimize their satcom networks.
  • ST Engineering iDirect is a leader in key industries including mobility, broadcast and military/government.
  • In 2007, iDirect Government was formed to better serve the U.S. government and defense communities.