FTS International, Inc.
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FTS INTERNATIONAL MERGER INVESTIGATION: HALPER SADEH LLP ANNOUNCES INVESTIGATION INTO WHETHER THE SALE OF FTS INTERNATIONAL, INC. IS FAIR TO SHAREHOLDERS; INVESTORS ARE ENCOURAGED TO CONTACT THE FIRM – FTSI
October 22, 2021.
New York, New York—Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of FTS International, Inc. (NYSE: FTSI) to ProFrac Holdings, LLC for $26.52 per share in cash is fair to FTS International shareholders.
The investigation concerns whether FTS International 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 FTS International shareholders; (2) determine whether ProFrac is underpaying for FTS International; and (3) disclose all material information necessary for FTS International shareholders to adequately assess and value the merger consideration. On behalf of FTS International 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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