Kaskela Law LLC announces that it is investigating the fairness of the recently announced go-private transaction of Radius Global Infrastructure, Inc. (NASDAQ: RADI) (“Radius”) on behalf of the company’s investors.
On March 1, 2023, Radius reported that it would be acquired by private investment entities EQT Active Core Infrastructure and Public Sector Pension Investment Board at a price of $15.00 per share in cash. Notably, as recently as June 2022, shares of Radius’ stock traded at over $16.00 per share. Following the closing of the proposed transaction, Radius investors will be cashed out of their investment position and the company’s shares will no longer be publicly traded.
The investigation seeks to determine whether $15.00 per share represents appropriate and sufficient consideration for Radius’ shares, and whether the company’s officers and/or directors violated the securities laws or breached their fiduciary duties in agreeing to sell the company at that price.
Radius shareholders are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq. or Adrienne Bell, Esq.) at (888) 715 – 1740, or by email (skaskela@kaskelalaw.com / abell@kaskelalaw.com) or online at https://kaskelalaw.com/cases/radius-global-infrastructure/ , for additional information about this investigation and their legal rights and options.
Kaskela Law LLC exclusively represents investors in securities fraud, corporate governance, and merger & acquisition litigation on a contingent basis. For additional information about Kaskela Law LLC please visit www.kaskelalaw.com.
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View source version on businesswire.com: https://www.businesswire.com/news/home/20230329005821/en/
Contacts
D. Seamus Kaskela, Esq.
Adrienne Bell, Esq.
KASKELA LAW LLC
18 Campus Blvd., Suite 100
Newtown Square, PA 19073
(484) 229 – 0750
(888) 715 – 1740
www.kaskelalaw.com
