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MGRC STOCK ALERT: HALPER SADEH LLC IS INVESTIGATING WHETHER THE SALE OF MCGRATH RENTCORP IS FAIR TO SHAREHOLDERS
January 29, 2024.
New York, New York—Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of McGrath RentCorp (NASDAQ: MGRC) to WillScot Mobile Mini Holdings Corp. for $123.00 in cash or 2.8211 shares of WillScot common stock for each share of McGrath is fair to McGrath shareholders.
The investigation concerns whether McGrath 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 McGrath shareholders; (2) determine whether WillScot is underpaying for McGrath; and (3) disclose all material information necessary for McGrath shareholders to adequately assess and value the merger consideration. On behalf of McGrath shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
Halper Sadeh LLC 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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