We are investigating the fairness of the proposed sale of Great Lakes Dredge & Dock (Nasdaq: GLDD) (“GLDD”) for $17.00 per share in cash to Saltchuk Resources.
The sale price is below the price target of $20.00 per share for GLDD set by Tomohiko Sano of J.P. Morgan on January 22, 2026.
Additionally, several investors have expressed disappointment in the deal on SeekingAlpha.
If you remain a GLDD shareholder and have concerns about the fairness of the sale price, you may contact our firm to discuss your legal rights at no charge by completing and submitting the form below.
“We are investigating whether the GLDD board of directors acted in the best interests of GLDD shareholders in recommending the sale,” explained Joshua Fruchter, a founding partner of Wohl & Fruchter. “This includes whether the sale price is fair to GLDD shareholders, and whether all material information regarding the transaction has been fully disclosed, including all conflicts.”