Cases
Blackhawk Network Holdings (HAWK)
Merger
Overview
Overview
- Date:
- 1/16/2018
- Company Name:
- Blackhawk Network Holdings, Inc.
- Stock Symbol:
- HAWK
- Company Name - Buyer:
- Silver Lake and P2 Capital Partners
- Status:
- Closed/Complete
NEW YORK, January 16, 2018 – Bragar Eagel & Squire, P.C. is investigating potential claims on behalf of Blackhawk Network Holdings, Inc (NASDAQ: HAWK) stockholders concerning the proposed acquisition of the company by Silver Lake and P2 Capital Partners.
Our investigation concerns whether Blackhawk’s board of directors failed to adequately shop the company and obtain the best possible value for its stockholders before entering into a definitive merger agreement with Silver Lake and P2 Capital Partners. P2 Capital Partners, which owns approximately 5.4% of the outstanding shares of Blackhawk, has agreed to vote its shares in favor of the transaction. Under the terms of the agreement, Blackhawk stockholders will receive $45.25 per share in cash upon closing of the transaction.
If you own Blackhawk shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.
Our investigation concerns whether Blackhawk’s board of directors failed to adequately shop the company and obtain the best possible value for its stockholders before entering into a definitive merger agreement with Silver Lake and P2 Capital Partners. P2 Capital Partners, which owns approximately 5.4% of the outstanding shares of Blackhawk, has agreed to vote its shares in favor of the transaction. Under the terms of the agreement, Blackhawk stockholders will receive $45.25 per share in cash upon closing of the transaction.
If you own Blackhawk shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.