MERGER INVESTIGATION ALERT: The Law Offices of Vincent Wong Notify Investors of an Investigation into the Fairness of the Acquisition of Franchise Group, Inc. by Freedom VCM, Inc.
NEW YORK, May 22, 2023 /PRNewswire/ -- Attention ("Franchise Group" or the "Company") (NASDAQ: FRG) shareholders who purchased prior to the recent merger announcement:
On May 11, 2023, the Company announced that it had entered into an agreement and plan of merger (the "Merger") with Freedom, a consortium that includes Franchise Group's CEO Brian Kahn, B. Riley Financial, and Irradiant Partners. As a result of the Merger, Franchise Group stockholders are anticipated to receive only $30.00 per share in cash in exchange for each share of Franchise Group.
The Law Offices of Vincent Wong have commenced an investigation concerning whether the executives, directors, and controlling stockholders of Franchise Group have harmed stockholders by causing the Company to agree to the Merger, and whether all material facts have been properly disclosed to stockholders.
If you are a current FRG shareholder, contact us for more information by using the link below. There is no cost or obligation to you.
https://www.wongesq.com/mergeracquisition/franchise-group-merger-investigation-form
Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
E-Mail: [email protected]
SOURCE The Law Offices of Vincent Wong
Share this article