MONSEY, N.Y., July 24, 2023 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the $127.50 per share in cash pursuant to which Chase Corp. (NYSE: CCF) (“Chase”) has agreed to be sold to KKR.
If you remain a Chase shareholder and question the fairness of the price, you may contact our firm at the following link to discuss your legal rights at no charge:
https://wohlfruchter.com/cases/chase-corp/
Alternatively, you may contact us by phone at 866-833-6245, or via email at alerts@wohlfruchter.com.
Why is there an investigation?
On July 21, 2023, Chase announced that it had agreed to be sold to KKR for $127.50 per share in cash, which was lower than Chase’s closing price of $127.94 on Thursday, July 20, 2023.
“We are investigating whether the Chase Board of Directors acted in the best interests of Chase shareholders in approving the sale,” explained Joshua Fruchter, a founding partner of Wohl & Fruchter. “In light of the discount of the deal price from the prior closing price, this includes whether the price agreed upon is fair to Chase shareholders, as well as whether all material information regarding the transaction has been fully disclosed.”
About Wohl & Fruchter
Wohl & Fruchter LLP has for over a decade been representing investors in litigation arising from fraud and other corporate misconduct, and recovered hundreds of millions of dollars in damages for investors. Please visit our website, www.wohlfruchter.com, to learn more about our Firm, or contact one of our partners.
Contact:
Wohl & Fruchter LLP
Joshua E. Fruchter
Toll Free 866.833.6245
alerts@wohlfruchter.com
www.wohlfruchter.com
Source:
Wohl & Fruchter LLP2023 GlobeNewswire, Inc., source Press Releases
CHASE CORPORATION 
