UTZ Investigation News: Utz Brands Investigation Initiated After $14.25 per share Acquisition Announced – Contact BFA Law if You Hold Shares
Bleichmar Fonti & Auld LLP announced it is investigating the take-private merger of Utz Brands, Inc., in which the founding Rice and Lissette family will own 50% of the post-merger company. The law firm is encouraging current Utz shareholders to seek additional information about the investigation.
Why it matters — A securities law firm has initiated an investigation into the announced $14.25-per-share acquisition, which could draw scrutiny to the merger terms for Utz shareholders.