CMC Materials, Inc.
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CMC MATERIALS (CCMP) INVESTIGATION: HALPER SADEH LLP ANNOUNCES INVESTIGATION INTO WHETHER THE SALE OF CMC MATERIALS, INC. IS FAIR TO SHAREHOLDERS; INVESTORS ARE ENCOURAGED TO CONTACT THE FIRM – CCMP
December 15, 2021.
New York, New York—Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of CMC Materials, Inc. (NASDAQ: CCMP) to Entegris, Inc. is fair to CMC Materials shareholders. Under the terms of the agreement, CMC Materials shareholders will receive $133.00 in cash and 0.4506 shares of Entegris common stock for each share of CMC Materials common stock they own.
The investigation concerns whether CMC Materials and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for CMC Materials shareholders; (2) determine whether Entegris is underpaying for CMC Materials; and (3) disclose all material information necessary for CMC Materials shareholders to adequately assess and value the merger consideration. On behalf of CMC Materials shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
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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