We are investigating the fairness of the price of $87.50 per share in cash for which Hibbet, Inc. (NYSE: HIBB) (“HIBB”) has agreed to be sold to JD Sports Fashion plc (“JD Sports”).
If you remain a HIBB 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 April 23, 2024, HIBB announced that it had agreed to be sold to JD Sports for $87.50 per share in cash.
“We are investigating whether the HIBB Board of Directors acted in the best interests of HIBB shareholders in approving the sale,” explained Joshua Fruchter, a founding partner of Wohl & Fruchter. “This includes whether the price agreed upon is fair to HIBB shareholders, as well as whether all material information regarding the transaction has been fully disclosed.”