Alaska Communications Systems Group, Inc.
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ALASKA COMMUNICATIONS MERGER INVESTIGATION: HALPER SADEH LLP ANNOUNCES INVESTIGATION INTO WHETHER THE SALE OF ALASKA COMMUNICATIONS SYSTEMS GROUP, INC. IS FAIR TO SHAREHOLDERS; INVESTORS ARE ENCOURAGED TO CONTACT THE FIRM – ALSK
November 3, 2020.
New York, New York—Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Alaska Communications Systems Group, Inc. (NASDAQ: ALSK) to Macquarie Capital, and GCM Grosvenor, through its Labor Impact Fund, L.P. (“Labor”), for $3.00 per share in cash is fair to Alaska Communications shareholders. On behalf of Alaska Communications shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
The Alaska Communications merger investigation concerns whether Alaska Communications and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to: (1) obtain the best possible price for Alaska Communications shareholders; (2) determine whether Labor is underpaying for Alaska Communications; and (3) disclose all material information necessary for Alaska Communications shareholders to adequately assess and value the merger consideration.
Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.
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