CARA THERAPEUTICS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of Cara Therapeutics, Inc. - CARA
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Kahn Swick & Foti, LLC is investigating the proposed merger between Cara Therapeutics, Inc. and Tvardi Therapeutics, Inc. Cara shareholders are expected to own 17% of the combined company. The investigation focuses on the merger's fairness and process.
February 20, 2025 | 10:45 pm
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Cara Therapeutics is under investigation by Kahn Swick & Foti, LLC regarding its proposed merger with Tvardi Therapeutics. The investigation aims to assess the fairness and process of the merger, where Cara shareholders will own 17% of the new entity.
The investigation by a law firm into the merger could create uncertainty and potential legal challenges, negatively impacting investor sentiment and short-term stock price. The focus on the fairness and process of the merger suggests potential issues that could affect the merger's completion.
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