Luxfer Holdings Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Luxfer Holdings PLC - LXFR
Kahn Swick & Foti, LLC, led by former Louisiana Attorney General Charles C. Foti Jr., is investigating the proposed sale of Luxfer Holdings PLC to affiliates of Wynnchurch Capital, L.P., under which shareholders would receive $17.37 in cash per share. The firm is examining whether the consideration and the transaction process are adequate.
Why it matters — A law firm investigation into the fairness of the proposed sale price and process could affect the outcome or scrutiny of the Wynnchurch acquisition for Luxfer shareholders.