NEW YORK, May 18, 2021 (GLOBE NEWSWIRE) -- Moore Kuehn, PLLC, a law firm focusing in securities litigation located on Wall Street in downtown New York City, is investigating potential claims concerning whether the following proposed mergers are fair to shareholders. Moore Kuehn may seek increased consideration, additional disclosures, or other relief on behalf of the shareholders of these companies:
- Domtar (NYSE: UFS)
Domtar has agreed to merge with Paper Excellence. Under the proposed transaction, Domtar, shareholders will receive $55.50 in cash per share.
- Ferro Corporation (NYSE: FOE)
Ferro has agreed to merge with American Securities. Under the proposed transaction, Ferro shareholders will receive $22.00 in cash per share.
- Switchback II Corporation (NYSE: SWBK)
Switchback II has agreed to merge with Bird Rides. Under the proposed transaction, Switchback II shareholders will own only 10.8% of the combined company.
- Austerlitz Acquisition Corporation I (NYSE: AUS)
Austerlitz I has agreed to merge with Wynn Interactive. Under the proposed transaction, Austerlitz I will own only 18% of the combined company.
Moore Kuehn is investigating whether the Boards of the above companies 1) acted to maximize shareholder value, 2) failed to disclose material information, and 3) conducted a fair process.
Moore Kuehn encourages shareholders who would like to discuss their rights to contact Justin Kuehn, Esq. by email at jkuehn@moorekuehn.com or telephone at (212) 709-8245. The consultation and case are free with no obligation to you. Moore Kuehn pays all case costs and does not charge its investor clients. Shareholders should contact the firm immediately as there may be limited time to enforce your rights.
Moore Kuehn is a 5-star Google rated New York City law firm with attorneys representing investors and consumers in litigation involving securities laws, fraud, breaches of fiduciary duties, and other claims. For additional information about Moore Kuehn, please visit http://www.moorekuehn.com/practice/new-york-securities-litigation/.
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Contacts:
Moore Kuehn, PLLC
Justin Kuehn, Esq.
30 Wall Street, 8th Floor
New York, New York 10005
jkuehn@moorekuehn.com
(212) 709-8245