Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale of Luminex Corporation (NasdaqGS: LMNX) to DiaSorin S.p.A. (OTC: DSRLF). Under the terms of the proposed transaction, shareholders of Luminex will receive only $37.00 in cash for each share of Luminex that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
Baylor and coach Scott Drew have refused to accept a vehicle wrapped with the school's national championship logo after an insensitive remark made by the dealership's general manager when discussing it during a live TV interview. The customized Jeep Wrangler was driven in the team's championship parade through downtown Waco on Tuesday night, and was then going to be given to the school for Drew to use for the next year. When talking about the vehicle with KWTX-TV before the parade started, Ted Teague, GM of the Allen Samuels dealership in Waco, said Drew could enjoy the Jeep and “use it to recruit, pull some people out of the hood.”
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale of Century Bancorp, Inc. (NasdaqGS: CNBKA) to Eastern Bankshares, Inc. (NasdaqGS: EBC). Under the terms of the proposed transaction, shareholders of Century will receive only $115.28 in cash for each share of Century that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale of Nuance Communications, Inc. (NasdaqGS: NUAN) to Microsoft Corporation (NasdaqGS: MSFT). Under the terms of the proposed transaction, shareholders of Nuance will receive only $56.00 for each share of Nuance that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
Shares of Moderna (NASDAQ: MRNA) climbed 6.9% Wednesday after the biotechnology company said it expects to have a COVID-19 booster shot available -- as well as several new vaccine candidates in clinical trials -- later this year. In late March, the National Institutes of Health (NIH) began a trial to evaluate an experimental vaccine from Moderna designed to defend against a worrisome coronavirus mutation first identified in South Africa. The goal is to develop booster shots to combat new virus variants that are resistant to Moderna's authorized COVID-19 vaccine.
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale of ORBCOMM Inc. (NasdaqGS: ORBC) to GI Partners. Under the terms of the proposed transaction, shareholders of ORBCOMM will receive only $11.50 in cash for each share of ORBCOMM that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale of Mackinac Financial Corporation (NasdaqGS: MFNC) to Nicolet Bankshares, Inc. (NasdaqGS: NCBS). Under the terms of the proposed transaction, shareholders of Mackinac will receive only 0.22 shares of Nicolet and $4.64 for each share of Mackinac that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale of Cadence Bancorporation (NYSE: CADE) to BancorpSouth Bank (NYSE: BXS). Under the terms of the proposed transaction, shareholders of Cadence will receive only 0.70 shares of BancorpSouth and a dividend of $1.25 for each share of Cadence that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
Arizona has hired longtime Gonzaga assistant Tommy Lloyd as its men's basketball coach. The school said Wednesday that Lloyd will receive a five-year contract, pending approval by the Arizona Board of Regents. Lloyd replaces Sean Miller, who was fired after 12 years on April 7 amid an NCAA infractions investigation.
The In the Heights Tony winner is taking a stance against the film and theater producer after reports of his alleged abusive behavior surfaced earlier this week