Shareholder Alert: The Ademi Firm Investigates Whether HanesBrands Inc. Is Obtaining a Fair Price for Its Public Shareholders
MILWAUKEE–(BUSINESS WIRE)–
The Ademi Firm is investigating HanesBrands (NYSE: HBI) for possible breaches of fiduciary duty and other violations of law in its transaction with Gildan.
Click here to learn how to join our investigation and obtain additional information or contact us at [email protected] or toll-free: 866-264-3995. There is no cost or obligation to you.
Shareholders of HanesBrands will receive 0.102 Gildan shares and $0.80 cash for each HanesBrands share. The offer represents $6.00 per HanesBrands share and values HanesBrands at approximately $2.2 billion in equity value and $4.4 billion in enterprise value, based on Gildan’s closing stock price on August 11, 2025.
HanesBrands insiders will receive substantial benefits as part of change of control arrangements.
The transaction agreement unreasonably limits competing transactions for HanesBrands by imposing a significant penalty if HanesBrands accepts a competing bid. We are investigating the conduct of the HanesBrands board of directors, and whether they are fulfilling their fiduciary duties to all shareholders.
We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250813526232/en/
Ademi & Fruchter LLP
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001
KEYWORDS: Wisconsin United States North America
INDUSTRY KEYWORDS: Class Action Lawsuit Professional Services Legal
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