AVID BIOSERVICES INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Avid Bioservices, Inc. - CDMO
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Kahn Swick & Foti, LLC is investigating the proposed sale of Avid Bioservices, Inc. to GHO Capital Partners LLP and Ampersand Capital Partners. The investigation focuses on the adequacy of the $12.50 per share offer to Avid shareholders.
November 10, 2024 | 3:30 am
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Avid Bioservices is under investigation by Kahn Swick & Foti, LLC regarding the fairness of its proposed sale price of $12.50 per share to GHO Capital Partners LLP and Ampersand Capital Partners.
The investigation by Kahn Swick & Foti, LLC raises concerns about the fairness of the proposed sale price, which could lead to uncertainty and potential delays in the transaction, negatively impacting the stock price in the short term.
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IMPORTANCE 80
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