BALA CYNWYD, PA / ACCESSWIRE / January 6, 2021 / Brodsky & Smith, LLC reminds investors of investigations it is conducting regarding the following companies for possible breaches of fiduciary duty and other violations of federal and state law with respect to proposed acquisition transactions. If you own shares of any of the below-referenced stocks and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire, or Marc L. Ackerman, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 805, Bala Cynwyd, PA 19004, or calling toll free 855-576-4847. There is no cost or financial obligation to you.
Alaska Communications Systems Group, Inc. (Nasdaq:ALSK)
Under the terms of the agreement, Alaska shareholders will receive only $3.40 in cash for each share they own. The investigation concerns whether the Alaska Board breached its fiduciary duties to shareholders by failing to conduct a fair process and whether the buyers are paying too little for the Company. For example, Alaska stock traded as high as $3.92 a share in December 2020.
Additional information can be found at https://www.brodskysmith.com/cases/alaska-communications-systems-group-inc-nasdaq-alsk-2/, or call 855-576-4847. No cost or obligation to you.
Magellan Health, Inc. (Nasdaq:MGLN)
Under the terms of the agreement, Magellan shareholders will receive only $95.00 per share in cash for each Magellan share they own. The investigation concerns whether the Magellan Board breached its fiduciary duties to shareholders by failing to conduct a fair process and whether Centene is paying too little for the Company. For example, at least one wall street analyst has set a price target of $98.00 for Magellan shares.
Additional information can be found at https://www.brodskysmith.com/cases/magellan-health-inc-nasdaq-mgln/, or call 855-576-4847. No cost or obligation to you.
RLH Corporation (NYSE:RLH)
Under the terms of the agreement, RLH shareholders will receive only $3.50 in cash for each share of RLH stock they own. The investigation concerns whether the RLH Board breached its fiduciary duties to shareholders by failing to conduct a fair process and whether Sonesta is paying too little for the Company. For example, the deal consideration is below the 52-week high of $3.71 for RLH stock.
Additional information can be found at https://www.brodskysmith.com/cases/rlh-corporation-nyse-rlh/, or call 855-576-4847. No cost or obligation to you.