Distribution Solutions Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Distribution Solutions Group, Inc. - DSGR
Kahn Swick & Foti, LLC, along with former Louisiana Attorney General Charles C. Foti Jr., is investigating the proposed sale of Distribution Solutions Group, Inc. (NasdaqGS: DSGR) to affiliates of LKCM Headwater Investments, LLC. Under the proposed terms, DSGR shareholders would receive $35.00 in cash per share, and the firm is seeking to determine whether the price and process are adequate.
Why it matters — The investigation raises questions about the adequacy of the $35.00-per-share price and the deal process for the proposed sale of DSGR, which could affect the outcome for current shareholders.