We are investigating the fairness of the $127.50 per share in cash pursuant to which Chase Corp. (NYSE: CCF) (“Chase”) has agreed to be sold to KKR.
If you remain a Chase shareholder and question the fairness of the price, you may contact our firm to discuss your legal rights at no charge by completing and submitting the form below.
Why is there an investigation?
On July 21, 2023, Chase announced that it had agreed to be sold to KKR for $127.50 per share in cash, which was less than Chase’s closing price of $127.94 on Thursday, July 20, 2023.
“We are investigating whether the Chase Board of Directors acted in the best interests of Chase shareholders in approving the sale,” explained Joshua Fruchter, a founding partner of Wohl & Fruchter. “In light of the discount of the deal price from the prior closing price, this includes whether the price agreed upon is fair to Chase shareholders, as well as whether all material information regarding the transaction has been fully disclosed.”