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Stock impact report

B Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Sale of Barnes Group to Apollo Global Management

Barnes Group, Inc. (B) 
Last barnes group, inc. earnings: 4/24 06:30 am Check Earnings Report
Company Research Source: GlobeNewswire
MONSEY, N.Y., Oct. 07, 2024 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the proposed sale of Barnes Group, Inc. (NYSE: B) (“Barnes”) to Apollo Global Management (“Apollo”) for $47.50 per share in cash. The sale price is below the “takeover price” of $55.00 per share that Wall Street analyst Christopher Glynn of Oppenheimer recently characterized as “reasonable” based on Barnes' estimated 2025 EBITDA (source: StreetInsider.com), and below the price target for Barnes of $52.00 per share of Wall Street analyst Matt Summerville of D.A. Davidson (source: TipRanks). If you remain a Barnes 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/barnes-group/ Alternatively, you may contact us by phone at 866-833-6245, or via email at alerts@wohlfruchter.com. Why is there an investigation?On October 7, 2024, Barnes announced th Show less Read more
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