January 21, 2021
Business News

WADDEL & REED INVESTOR ALERT by The Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Waddell & Reed Financial, Inc. – WDR

NEW ORLEANS–()–Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Waddell & Reed Financial, Inc. (NYSE: WDR) to Macquarie Group (ASX: MQG; ADR: MQBKY). Under the terms of the proposed transaction, shareholders of Waddell will receive only $25.00 in cash for each share of Waddell that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.

If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without…

Click here to view the original article.

Related Posts

You might also like ...

AON Splash Image
Imperial Helium Corp. Announces Upsizing of Private Placement Financing to $13.5 Million
Liberty Media Acquisition Corporation Announces Pricing of $500,000,000 Initial Public Offering
1st Source Corporation Reports Earnings for Full Year and Fourth Quarter 2020, Cash Dividend Increased, History of Increased Dividends Continues