SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates the Following Companies - CBAN, CHMA, EQT, WRI, WBT, HOME

Jun 24, 2021 12:34 PM ET

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Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies:


Colony Bankcorp, Inc.  concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its merger with SouthCrest Financial Group, Inc. Under the terms of the merger, SouthCrest shareholders have the right to elect to receive cash or Colony Bankcorp stock subject to certain procedures such that approximately 72.5% of SouthCrest shares will be converted to Colony Bankcorp stock. 


Chiasma, Inc. concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Amryt Pharma plc. Under the terms of the agreement, each share of Chiasma common stock issued and outstanding prior to the consummation of the transaction will be exchanged for 0.396 Amryt American Depositary Shares, each representing five Amryt ordinary shares. 


EQT Corporation  concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its merger with Alta Resources Development, LLC. Under the purchase agreement, EQT will acquire all of the membership interests in Alta's upstream and midstream subsidiaries for approximately $2.925 billion in cash and stock. EQT is expected to issue approximately 105 million shares of EQT common stock in connection with the merger.


Weingarten Realty Investors  concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Kimco Realty Corporation. Under the terms of the merger, Weingarten shareholders will receive 1.408 newly issued shares of Kimco common stock and $2.89 in cash for each common share they own. Upon closing, Weingarten shareholders are expected to own approximately 29% of the combined company. 


Welbilt, Inc.  concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to The Middleby Corporation. Under the terms of the agreement, Welbilt shareholders will receive a fixed exchange ratio of 0.1240x shares of Middleby common stock for each share of Welbilt common stock. Upon closing, Welbilt shareholders will own approximately 24% of the combined company on a fully diluted basis. 


At Home Group Inc.  concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to funds affiliated with Hellman & Friedman for $36.00 per share in cash. 


Halper Sadeh LLP may seek increased consideration, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders.


Shareholders are encouraged to contact the firm free of charge to discuss their legal rights and options. Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email [email protected] or [email protected]


Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.


Contact Information:
Halper Sadeh LLP
Daniel Sadeh, Esq.
Zachary Halper, Esq.
(212) 763-0060
[email protected] 
[email protected]  
https://www.halpersadeh.com


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