Cases
Peak Resorts, Inc. (NASDAQ: SKIS)
Securities Class Action
Overview
Overview
- Date:
- 7/30/2019
- Company Name:
- Peak Resorts, Inc.
- Stock Symbol:
- SKIS
- Company Name - Buyer:
- Vail Resorts, Inc.
- Status:
- Closed/Complete
- Merger Announcement Date:
- 7/22/2019
NEW YORK, July 30, 2019 – Bragar Eagel & Squire, P.C. is investigating potential claims against the board of directors of Peak Resorts, Inc. (NASDAQ: SKIS) on behalf of Peak shareholders concerning the proposed merger with Vail Resorts, Inc.
Pursuant to the proposed transaction, announced on July 22, 2019 and valued at $264 million, Peak shareholders will receive $11 in cash for every share of Peak common stock owned. The investigation focuses on whether Peak and its board of directors violated the federal securities laws and/or breached their fiduciary duties to the Company’s shareholders by failing to conduct a fair process and whether and by how much the proposed transaction undervalues the Company.
If you own Peak 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) 308-1869, or by filling out the contact form below. There is no cost or obligation to you.
Pursuant to the proposed transaction, announced on July 22, 2019 and valued at $264 million, Peak shareholders will receive $11 in cash for every share of Peak common stock owned. The investigation focuses on whether Peak and its board of directors violated the federal securities laws and/or breached their fiduciary duties to the Company’s shareholders by failing to conduct a fair process and whether and by how much the proposed transaction undervalues the Company.
If you own Peak 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) 308-1869, or by filling out the contact form below. There is no cost or obligation to you.