We are investigating the fairness of the proposed sale of Bowhead Specialty Holdings Inc. (NYSE: BOW) (“Bowhead”) to American Family Mutual Insurance Company for $34.00 per share in cash.
Notably, the sale price is below the price targets of multiple Wall Street analysts covering Bowhead before the sale was announced, including:
- Rowland Mayor of RBC Capital ($38.00 price target)
- Paul Newsome of Piper Sandler ($36.00 price target)
- Meyer Shields of Keefe Bruyette ($36.00 price target)
(Source: TipRanks)
If you remain a Bowhead shareholder and have concerns about the fairness of the proposed sale, you may contact our firm by completing and submitting the form below.
“We are investigating whether the Bowhead Board of Directors acted in the best interests of Bowhead shareholders in approving the sale,” explained Joshua Fruchter, a founding partner of Wohl & Fruchter. “This includes whether the cash consideration agreed upon is fair to Bowhead shareholders, and whether all material information regarding the transaction has been fully disclosed. We encourage Bowhead stockholders to contact us if they have any concerns.”