Cases
Sears Hometown and Outlet Stores, Inc. (NASDAQ: SHOS)
Merger
Overview
Overview
- Date:
- 6/12/2019
- Company Name:
- Sears Hometown and Outlest Stores, Inc.
- Stock Symbol:
- SHOS
- Company Name - Buyer:
- Transform Holdco LLC
- Status:
- Closed/Complete
- Merger Announcement Date:
- 6/3/2019
NEW YORK, June 12, 2019 – Bragar Eagel & Squire, P.C. is investigating potential claims against the board of directors of Sears Hometown and Outlet Stores, Inc (NASDAQ: SHOS) on behalf of Sears shareholders concerning the proposed merger with Transform Holdco LLC.
Pursuant to the proposed transaction, announced on June 3, 2019, Sears shareholders will receive $2.25 for each share of Sears common stock owned. The investigation focuses on whether Sears 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 Sears 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 June 3, 2019, Sears shareholders will receive $2.25 for each share of Sears common stock owned. The investigation focuses on whether Sears 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 Sears 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.