News / Law firm urges shareholders to join probe into ATSG sale to Stonepeak

© Andrei Dodonov |

ATSG shareholders are being encouraged to join an investigation into whether the proposed sale of the group to investor Stonepeak is fair. 

On the announcement of the deal yesterday, which would see shareholders receive $22.50 per share – a premium of about 29.3% on Friday’s closing share price, and a 45.5% premium on the volume-weighted average price – investor rights law firm Halper Sadeh urged shareholders to join it to investigate the sale plans. 

The law firm stated: “The investigation concerns whether ...