NEW YORK, Oct. 01, 2021 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C. announces to investors that it is investigating potential claims on behalf of stockholders of Sanderson Farms, Inc. (NASDAQ: SAFM), Misonix, Inc. (NASDAQ: MSON), and Steadfast Apartment REIT, Inc. (Other OTC: STFR) (“STAR”). Additional information about each potential action can be found at the link provided.
Sanderson Farms, Inc. (NASDAQ: SAFM)
Buyer: Cargill, Inc and Continental Grain Company
On August 9, 2021, Sanderson Farms announced that it had entered into an agreement to be acquired by Cargill and Continental Grain in a deal valued at approximately $4.53 billion. Pursuant to the merger agreement, Sanderson Farms stockholders will receive $203 in cash for each share of Sanderson common stock owned. The deal is scheduled to close by the end of 2021 or in early 2022.
Bragar Eagel & Squire is concerned that Sanderson Farm’s board of directors oversaw an unfair process and ultimately agreed to an inadequate merger agreement. Accordingly, the firm is investigating all relevant aspects of the deal and is committed to securing the best result possible for Sanderson Farm’s stockholders.
To learn more about the Sanderson Farms investigation go to: http://bespc.com/cases/safm.
Misonix, Inc. (NASDAQ: MSON)
Buyer: Bioventus Inc. (NASDAQ: BVS)
On January 17, 2020 Central Federal Bancshares announced that it had signed an agreement to be acquired by Southern Missouri Bancorp in a deal worth approximately $24 million. Per the merger agreement Central Federal Bancshares stockholders will receive $15.90 in cash for each share of Central Federal Bancshares common stock owned. The deal is scheduled to close in the second quarter of 2020.
Bragar Eagel & Squire is concerned that Central Federal Bancshares’ board of directors oversaw an unfair process and ultimately agreed to an inadequate deal price. Accordingly, the firm is investigating all relevant aspects of the deal and is committed to securing the best result possible for Central Federal Bancshares stockholders.
To learn more about the Misonix investigation go to: https://bespc.com/mson.
Steadfast Apartment REIT, Inc. (Other OTC: STFR)
Buyer: Independence Realty Trust, Inc. (NYSE: IRT) (“IRT”)
On July 26, 2021, STAR announced that it had entered into an agreement to merge with IRT in an all-stock deal. Pursuant to the merger agreement, STAR stockholders will receive 0.905 shares of IRT common stock for each share of STAR common stock owned. At the close of the merger, STAR stockholders will own approximately 50% of the combined company and current IRT stockholders will also own approximately 50%. The deal is scheduled to close in the fourth quarter of 2021.
Bragar Eagel & Squire is concerned that STAR’s board of directors oversaw an unfair process and ultimately agreed to an inadequate merger agreement. Accordingly, the firm is investigating all relevant aspects of the deal and is committed to securing the best result possible for STAR’s stockholders.
To learn more about the STAR investigation go to: https://www.bespc.com/stfr.
About Bragar Eagel & Squire, P.C.:
Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, California, and South Carolina. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.
Contact Information:
Bragar Eagel & Squire, P.C.
Melissa A. Fortunato, Esq.
Alexandra Raymond, Esq.
investigations@bespc.com
www.bespc.com
