NAPA Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Sale of The Duckhorn Portfolio to Butterfly Equity
The Duckhorn Portfolio, Inc. (NAPA)
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 The Duckhorn Portfolio, Inc. (NYSE: NAPA) (“Duckhorn”) to Butterfly Equity (“Butterfly”) for $11.10 per share in cash. The sale price is below the price target for Duckhorn of $14.00 per share of Wall Street analyst Robert Ottenstein of Evercore ISI Group (source: TipRanks). If you remain a Duckhorn 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/the-duckhorn-portfolio/ 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, Duckhorn announced that it had agreed to be sold to Butterfly for $11.10 per share in cash. Notably, the sale price is below the price target for Duckhorn of $14.00 per share of Wall Street analyst Robert
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NAPA
Earnings
- 10/7/24 - Beat
NAPA
Sec Filings
- 11/21/24 - Form PREM14A
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- 10/16/24 - Form 3
- NAPA's page on the SEC website