SUM Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Sale of Summit Materials to Quikrete Holdings
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Wohl & Fruchter LLP is investigating the fairness of the proposed sale of Summit Materials to Quikrete Holdings for $52.50 per share in cash.
November 25, 2024 | 4:45 pm
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Summit Materials is under investigation by Wohl & Fruchter LLP regarding the fairness of its sale to Quikrete Holdings for $52.50 per share.
The investigation by Wohl & Fruchter LLP could impact investor sentiment and the stock price of Summit Materials. However, the outcome of such investigations is uncertain, leading to a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100