Crinetics Pharmaceuticals IncInvestigation into fairness of Crinetics' sale to Vertex; may seek increased consideration or additional disclosures.
Halper Sadeh LLC, an investor rights law firm, is investigating whether the proposed sales of TriCo Bancshares, Element Solutions, Crinetics Pharmaceuticals, and Solstice Advanced Materials are obtaining fair deals for their shareholders. The firm is examining TriCo Bancshares' sale to First Hawaiian for 2.095 First Hawaiian shares per TriCo share, with TriCo shareholders expected to own approximately 35% of the combined company. It is also reviewing Element Solutions' sale to Solstice Advanced Materials for $10.00 in cash and 0.500 shares of Solstice common stock per Element share, leaving Element shareholders with about 44% of the combined company. Additionally, the investigation covers Crinetics Pharmaceuticals' sale to Vertex Pharmaceuticals for $85.00 per share in cash, and Solstice Advanced Materials' merger with Element Solutions. Halper Sadeh LLC may seek increased consideration, additional disclosures, or other relief on behalf of shareholders.
Crinetics Pharmaceuticals IncInvestigation into fairness of Crinetics' sale to Vertex; may seek increased consideration or additional disclosures.
Vertex Pharmaceuticals IncVertex is the buyer in Crinetics deal; investigation may affect deal terms or closing.
TriCo BancsharesInvestigation into fairness of TriCo Bancshares' sale to First Hawaiian; may seek increased consideration or additional disclosures.
First Hawaiian Inc
Element Solutions IncInvestigation into fairness of Element Solutions' sale to Solstice; may seek increased consideration or additional disclosures.
Solstice Advanced Materials, IncInvestigation into fairness of Solstice's merger with Element Solutions; may seek increased consideration or additional disclosures.