ACV Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of ACV Auctions Inc. – ACVA
NEW YORK & NEW ORLEANS–(BUSINESS WIRE)–
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of ACV Auctions Inc. (NYSE: ACVA) to Copart, Inc. (NasdaqGS: CPRT). Under the terms of the proposed transaction, shareholders of ACV will receive $10.50 in cash for each share of ACV that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn ([email protected]) toll free at any time at (833) 538-3612, or visit https://www.ksfcounsel.com/cases/nyse-acva/ to learn more.
Please note that the transaction is structured as a tender offer, such that time may be of the essence.
To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.
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Kahn Swick & Foti, LLC
Lewis S. Kahn, Managing Partner
[email protected])
(833) 538-3612
1100 Poydras St., Suite 960
New Orleans, LA 70163
KEYWORDS: United States North America Louisiana New York
INDUSTRY KEYWORDS: Class Action Lawsuit Professional Services Legal
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