PHILADELPHIA–(BUSINESS WIRE)–Kaskela Law LLC announces that it is investigating the proposed buyout of Radius Global Infrastructure, Inc. (NASDAQ: RADI) (“Radius”) on behalf of the company’s shareholders.
On March 1, 2023, Radius disclosed that it would be acquired by private investment entities EQT Active Core Infrastructure (“EQT”) and Public Sector Pension Investment Board (“PSP”) at a price of $15.00 per share in cash. Following the closing of the proposed transaction, Radius’ shares will no longer be publicly traded.
The investigation seeks to determine whether Radius investors are set to receive the maximum achievable buyout price for their RADI shares, as the proposed $15.00 per share buyout price is at a significant discount to the Company’s 52-week high price of $16.52 per share, and whether Radius’ officers and/or directors breached their fiduciary duties in agreeing to sell the company to EQT and PSP.
Radius investors are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq. or Adrienne Bell, Esq.) at (484) 229 – 0750, or by email ([email protected] / [email protected]) or online at https://kaskelalaw.com/cases/radius-global-infrastructure/, for additional information about this investigation and their legal rights and options.
Kaskela Law LLC exclusively represents investors in securities fraud, corporate governance, and merger & acquisition litigation on a contingent basis. For additional information about Kaskela Law LLC please visit www.kaskelalaw.com.
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Contacts
D. Seamus Kaskela, Esq.
Adrienne Bell, Esq.
KASKELA LAW LLC
18 Campus Blvd., Suite 100
Newtown Square, PA 19073
(484) 229 – 0750
(888) 715 – 1740
www.kaskelalaw.com
