Proposed Merger Involving Turning Point Brands, Inc. Investigated by Block & Leviton; Shareholders Should Contact the Firm
Turning Point Brands, Inc. (TPB)
Last turning point brands, inc. earnings: 4/28 07:30 am
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US:NYSE Investor Relations:
turningpointbrands.com/investor-relations
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Source: GlobeNewswire
BOSTON, April 09, 2020 (GLOBE NEWSWIRE) -- Block & Leviton LLP (www.blockesq.com), a national securities litigation firm, has opened an investigation into the proposed merger involving Turning Point Brands, Inc. (NYSE: TPB), whereby Standard Diversified Inc. (“SDI”) will be merged into a wholly-owned subsidiary of TPB. Block & Leviton is investigating whether members of the TPB Board of Directors breached their fiduciary duties in agreeing to have the Company acquire SDI, its controlling stockholder, and whether the price that TPB agreed to pay for SDI is unfairly high. TPB shareholders should contact Block & Leviton for a free case evaluation. Under the terms of the proposed merger, SDI will be merged into a wholly-owned subsidiary of TPB in a tax-free downstream merger. The proposed merger was first announced by the two companies in November 2019, but today, the companies announced that they have entered into a definitive agreement. Under the terms of the agreement, the holde
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TPB
Earnings
- 11/7/24 - Beat
TPB
Sec Filings
- 11/14/24 - Form SC
- 11/8/24 - Form SC
- 11/8/24 - Form SC
- TPB's page on the SEC website