BioLife Solutions Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of BioLife Solutions, Inc. - BLFS
Law firm Kahn Swick & Foti, led by former Louisiana Attorney General Charles C. Foti, Jr., is investigating the adequacy of the price and process in the proposed acquisition of BioLife Solutions by Repligen Corporation. Under the proposed terms, BioLife shareholders would receive $11.25 in cash and 0.1442 shares of Repligen common stock per BioLife share.
Why it matters — A BLFS watcher would care because the investigation could raise questions about the fairness of the proposed acquisition price and process for shareholders.