NAPA Merger News: Johnson Fistel Investigates Duckhorn and its Directors and Management Following Sale
The Duckhorn Portfolio, Inc. (NAPA)
Company Research
Source: GlobeNewswire
SAN DIEGO, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Johnson Fistel, LLP, a leading stockholder rights law firm, announced that it is investigating claims on behalf The Duckhorn Portfolio Inc (NYSE: NAPA) shareholders concerning potential breaches of fiduciary duties related to the proposed sale of the Company to Butterfly Equity a Los Angeles-based private equity firm. On October 7, 2024, Duckhorn officially announced its acceptance of an acquisition proposal from Butterfly Equity, whereby shareholders are to be compensated at the rate of $11.10 per share via an all-cash transaction, after which Duckhorn will transition to a privately held entity. Johnson Fistel’s investigation focuses on whether Duckhorn’s board failed to satisfy its duties to the Company's stockholders, including whether the board sufficiently pursued alternatives to the acquisition, and whether the board secured the best possible price for Duckhorn’s shares. It is particularly pertinent to note analyst projections for
Show less
Read more
Impact Snapshot
Event Time:
NAPA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
NAPA alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
NAPA alerts
High impacting The Duckhorn Portfolio, Inc. news events
Weekly update
A roundup of the hottest topics
NAPA
News
- $HAREHOLDER INVESTIGATION: The M&A Class Action Firm Continues to Investigate the Mergers of CYTH, NAPA, MNTX and MARXGlobeNewswire
- The Duckhorn Portfolio, Inc. (NAPA): A Bull Case Theory [Yahoo! Finance]Yahoo! Finance
- SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates NAPA, SASR, INSI, ALTM on Behalf of ShareholdersAccesswire
- Anguilla to Host the Next Anguilla Culinary Experience Epicurean Festival April 30 to May 3, 2025PR Web
- BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: GSE Solutions, Inc. (Nasdaq – GVP), Manitex International, Inc. (Nasdaq - MNTX), The Duckhorn Portfolio (NYSE - NAPA), Outbrain Inc. (Nasdaq - OB)GlobeNewswire
NAPA
Earnings
- 10/7/24 - Beat
NAPA
Sec Filings
- 11/21/24 - Form PREM14A
- 11/14/24 - Form SC
- 10/16/24 - Form 3
- NAPA's page on the SEC website