SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates the Following Companies - KIM, WBT, VER, MIDD, CBAN
NEW YORK, May 3, 2021 /PRNewswire/ -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies:
Kimco Realty Corporation (NYSE: KIM) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its merger with Weingarten Realty Investors. On a pro forma basis, Kimco shareholders are expected to own approximately 71% of the combined company's equity following the closing of the merger. If you are a Kimco shareholder, click here to learn more about your rights and options.
Welbilt, Inc. (NYSE: WBT) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to The Middleby Corporation. Under the terms of the agreement, Welbilt shareholders will receive a fixed exchange ratio of 0.1240x shares of Middleby common stock for each share of Welbilt common stock. Upon closing, Welbilt shareholders will own approximately 24% of the combined company on a fully diluted basis. If you are a Welbilt shareholder, click here to learn more about your rights and options.
VEREIT, Inc. (NYSE: VER) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Realty Income Corporation. Under the terms of the agreement, VEREIT shareholders will receive 0.705 shares of Realty Income stock for every share of VEREIT stock they own. If you are a VEREIT shareholder, click here to learn more about your rights and options.
The Middleby Corporation (NASDAQ: MIDD) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its merger with Welbilt, Inc. Welbilt shareholders are expected to receive Middleby stock in connection with the merger. Upon closing of the transaction, Middleby shareholders will own approximately 76% of the combined company on a fully diluted basis. If you are a Middleby shareholder, click here to learn more about your rights and options.
Colony Bankcorp, Inc. (NASDAQ: CBAN) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its merger with SouthCrest Financial Group, Inc. Under the terms of the merger, SouthCrest shareholders have the right to elect to receive cash or Colony Bankcorp stock subject to certain procedures such that approximately 72.5% of SouthCrest shares will be converted to Colony Bankcorp stock. If you are a Colony Bankcorp shareholder, click here to learn more about your rights and options.
Halper Sadeh LLP may seek increased consideration, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders.
Shareholders are encouraged to contact the firm free of charge to discuss their legal rights and options. Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email sadeh@halpersadeh.com or zhalper@halpersadeh.com.
Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Halper Sadeh LLP
Daniel Sadeh, Esq.
Zachary Halper, Esq.
(212) 763-0060
sadeh@halpersadeh.com
zhalper@halpersadeh.com
https://www.halpersadeh.com
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SOURCE Halper Sadeh LLP
