RLH Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Sale of Red Lion Hotels Corporation Is Fair to Shareholders; Investors Are Encouraged to Contact the Firm – RLH
NEW YORK–(BUSINESS WIRE)–
Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Red Lion Hotels Corporation (“Red Lion” or “RLH”) (NYSE: RLH) to Sonesta International Hotels Corporation for $3.50 per share in cash is fair to RLH shareholders.
Halper Sadeh encourages RLH shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or [email protected] or [email protected].
The investigation concerns whether RLH and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to: (1) obtain the best possible price for RLH shareholders; (2) determine whether Sonesta is underpaying for RLH; and (3) disclose all material information necessary for RLH shareholders to adequately assess and value the merger consideration. On behalf of RLH 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 encourages RLH shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or [email protected] or [email protected].
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.
Attorney Advertising. Prior results do not guarantee a similar outcome.
View source version on businesswire.com: https://www.businesswire.com/news/home/20201231005161/en/
Halper Sadeh LLP
Daniel Sadeh, Esq.
Zachary Halper, Esq.
(212) 763-0060
[email protected]
[email protected]
https://www.halpersadeh.com
KEYWORDS: United States North America Illinois New York
INDUSTRY KEYWORDS: Other Professional Services Professional Services Legal
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