Lantheus Holdings Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Lantheus Holdings, Inc. - LNTH
Kahn Swick & Foti, LLC, led by former Louisiana Attorney General Charles C. Foti Jr., announced it is investigating the adequacy of the price and process in the proposed sale of Lantheus Holdings, Inc. to Curium US Holdings LLC. Under the proposed terms, Lantheus shareholders would receive $102.50 per share in cash plus non-transferable Contingent Value Rights of up to $12.00 per share in potential additional cash payments.
Why it matters — A shareholder-law-firm investigation signals added scrutiny over whether the proposed $102.50-per-share cash price and process are adequate, which LNTH watchers will track as the sale transaction moves forward.