{"id":404424,"date":"2020-12-22T08:27:55","date_gmt":"2020-12-22T13:27:55","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=404424"},"modified":"2020-12-22T08:27:55","modified_gmt":"2020-12-22T13:27:55","slug":"spwh-alert-johnson-fistel-investigates-proposed-sale-of-sportsmans-warehouse-is-18-a-fair-price","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/spwh-alert-johnson-fistel-investigates-proposed-sale-of-sportsmans-warehouse-is-18-a-fair-price\/","title":{"rendered":"(SPWH Alert) Johnson Fistel Investigates Proposed Sale of Sportsman&#8217;s Warehouse; Is $18 a Fair Price?"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">SAN DIEGO<\/span>, <span class=\"xn-chron\">Dec. 22, 2020<\/span> \/PRNewswire\/ &#8212; Shareholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of Sportsman&#8217;s Warehouse Holdings, Inc. (&#8220;Sportsman&#8217;s Warehouse&#8221; or the &#8220;Company&#8221;) (NASDAQ: SPWH) breached their fiduciary duties in connection with the proposed sale of the Company to Great American Outdoors Group \u00a0(&#8220;Great American&#8221; or the &#8220;Company&#8221;). \u00a0<\/p>\n<p>On <span class=\"xn-chron\">December 21, 2020<\/span>, Sportsman&#8217;s Warehouse announced that it had entered into a definitive merger agreement with Great American.\u00a0Under the terms of the merger agreement, stockholders of Sportsman&#8217;s Warehouse will receive <span class=\"xn-money\">$18.00<\/span> per share in cash for each share of Sportsman&#8217;s Warehouse common stock.<\/p>\n<p>The investigation concerns whether the Sportsman&#8217;s Warehouse\u00a0board failed to satisfy its duties to the Company shareholders, including whether the board adequately pursued alternatives to the acquisition and whether the board obtained the best price possible for Sportsman&#8217;s Warehouse\u00a0shares of common stock. <b><u>Nationally recognized <span class=\"xn-person\">Johnson Fistel<\/span> is investigating whether the proposed deal represents adequate consideration, especially given that one Wall Street analyst has a <span class=\"xn-money\">$23.50<\/span> price target on the stock.<\/u><\/b><\/p>\n<p>\n        <b>If you are a shareholder of<\/b>\u00a0<b>Sportsman&#8217;s Warehouse<\/b><b>\u00a0and believe the proposed buyout price is too low or you&#8217;re interested in learning more about the investigation, please contact lead analyst <span class=\"xn-person\">Jim Baker<\/span> (<u><a target=\"_blank\" href=\"mailto:jimb@johnsonfistel.com\" rel=\"nofollow noopener noreferrer\">jimb@johnsonfistel.com<\/a><\/u>) at <a target=\"_blank\" href=\"tel:6198144471\" rel=\"nofollow noopener noreferrer\">619-814-4471<\/a>.<\/b>\u00a0<b>If emailing, please include a phone number.<\/b><\/p>\n<p>\n        <b>Additionally, you can <\/b>[<b><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3020616-1&amp;h=1176113834&amp;u=https%3A%2F%2Fwww.cognitoforms.com%2FJohnsonFistel%2FSportsmansWarehouseHoldingsInc&amp;a=Click+here+to+join+this+action\" rel=\"nofollow noopener noreferrer\">Click here to join this action<\/a><\/b>]. <b>There is no cost or obligation to you.<\/b><\/p>\n<p>\n        <b>About <span class=\"xn-person\">Johnson Fistel<\/span>, LLP:<\/b><br \/>\n        <br \/>\n        <span class=\"xn-person\">Johnson Fistel<\/span>, LLP is a nationally recognized shareholder rights law firm with offices in <span class=\"xn-location\">California<\/span>, <span class=\"xn-location\">New York<\/span>, and <span class=\"xn-location\">Georgia<\/span>. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3020616-1&amp;h=3555305882&amp;u=https%3A%2F%2Fc212.net%2Fc%2Flink%2F%3Ft%3D0%26l%3Den%26o%3D2959632-1%26h%3D2759686283%26u%3Dhttps%253A%252F%252Fwww.johnsonfistel.com%252F%26a%3Dhttps%253A%252F%252Fwww.johnsonfistel.com&amp;a=https%3A%2F%2Fwww.johnsonfistel.com\" rel=\"nofollow noopener noreferrer\">https:\/\/www.johnsonfistel.com<\/a>. Attorney advertising. Past results do not guarantee future outcomes.<\/p>\n<p>\n        <b>Contact:<\/b><br \/>\n        <br \/>\n        <span class=\"xn-person\">Johnson Fistel<\/span>, LLP<br \/><span class=\"xn-person\">Jim Baker<\/span>, <a target=\"_blank\" href=\"tel:6198144471\" rel=\"nofollow noopener noreferrer\">619-814-4471<\/a><br \/><a target=\"_blank\" href=\"mailto:jimb@johnsonfistel.com\" rel=\"nofollow noopener noreferrer\">jimb@johnsonfistel.com<\/a><\/p>\n<p>[<b><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3020616-1&amp;h=1176113834&amp;u=https%3A%2F%2Fwww.cognitoforms.com%2FJohnsonFistel%2FSportsmansWarehouseHoldingsInc&amp;a=Click+here+to+join+this+action\" rel=\"nofollow noopener noreferrer\">Click here to join this action<\/a><\/b>]<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=PH31788&amp;sd=2020-12-22\" \/> View original content:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/spwh-alert-johnson-fistel-investigates-proposed-sale-of-sportsmans-warehouse-is-18-a-fair-price-301197534.html\">http:\/\/www.prnewswire.com\/news-releases\/spwh-alert-johnson-fistel-investigates-proposed-sale-of-sportsmans-warehouse-is-18-a-fair-price-301197534.html<\/a><\/p>\n<p>SOURCE  <span class=\"xn-person\">Johnson Fistel<\/span>, LLP<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=PH31788&amp;Transmission_Id=202012220824PR_NEWS_USPR_____PH31788&amp;DateId=20201222\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire SAN DIEGO, Dec. 22, 2020 \/PRNewswire\/ &#8212; Shareholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of Sportsman&#8217;s Warehouse Holdings, Inc. (&#8220;Sportsman&#8217;s Warehouse&#8221; or the &#8220;Company&#8221;) (NASDAQ: SPWH) breached their fiduciary duties in connection with the proposed sale of the Company to Great American Outdoors Group \u00a0(&#8220;Great American&#8221; or the &#8220;Company&#8221;). \u00a0 On December 21, 2020, Sportsman&#8217;s Warehouse announced that it had entered into a definitive merger agreement with Great American.\u00a0Under the terms of the merger agreement, stockholders of Sportsman&#8217;s Warehouse will receive $18.00 per share in cash for each share of Sportsman&#8217;s Warehouse common stock. The investigation concerns whether the Sportsman&#8217;s Warehouse\u00a0board failed to satisfy its duties to the Company &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/spwh-alert-johnson-fistel-investigates-proposed-sale-of-sportsmans-warehouse-is-18-a-fair-price\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;(SPWH Alert) Johnson Fistel Investigates Proposed Sale of Sportsman&#8217;s Warehouse; Is $18 a Fair Price?&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-404424","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>(SPWH Alert) Johnson Fistel Investigates Proposed Sale of Sportsman&#039;s Warehouse; Is $18 a Fair Price? - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/spwh-alert-johnson-fistel-investigates-proposed-sale-of-sportsmans-warehouse-is-18-a-fair-price\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"(SPWH Alert) Johnson Fistel Investigates Proposed Sale of Sportsman&#039;s Warehouse; Is $18 a Fair Price? - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire SAN DIEGO, Dec. 22, 2020 \/PRNewswire\/ &#8212; Shareholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of Sportsman&#8217;s Warehouse Holdings, Inc. (&#8220;Sportsman&#8217;s Warehouse&#8221; or the &#8220;Company&#8221;) (NASDAQ: SPWH) breached their fiduciary duties in connection with the proposed sale of the Company to Great American Outdoors Group \u00a0(&#8220;Great American&#8221; or the &#8220;Company&#8221;). \u00a0 On December 21, 2020, Sportsman&#8217;s Warehouse announced that it had entered into a definitive merger agreement with Great American.\u00a0Under the terms of the merger agreement, stockholders of Sportsman&#8217;s Warehouse will receive $18.00 per share in cash for each share of Sportsman&#8217;s Warehouse common stock. The investigation concerns whether the Sportsman&#8217;s Warehouse\u00a0board failed to satisfy its duties to the Company &hellip; Continue reading &quot;(SPWH Alert) Johnson Fistel Investigates Proposed Sale of Sportsman&#8217;s Warehouse; Is $18 a Fair Price?&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/spwh-alert-johnson-fistel-investigates-proposed-sale-of-sportsmans-warehouse-is-18-a-fair-price\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-22T13:27:55+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=PH31788&amp;sd=2020-12-22\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/spwh-alert-johnson-fistel-investigates-proposed-sale-of-sportsmans-warehouse-is-18-a-fair-price\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/spwh-alert-johnson-fistel-investigates-proposed-sale-of-sportsmans-warehouse-is-18-a-fair-price\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"(SPWH Alert) Johnson Fistel Investigates Proposed Sale of Sportsman&#8217;s Warehouse; Is $18 a Fair Price?\",\"datePublished\":\"2020-12-22T13:27:55+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/spwh-alert-johnson-fistel-investigates-proposed-sale-of-sportsmans-warehouse-is-18-a-fair-price\\\/\"},\"wordCount\":340,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/spwh-alert-johnson-fistel-investigates-proposed-sale-of-sportsmans-warehouse-is-18-a-fair-price\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/c212.net\\\/c\\\/img\\\/favicon.png?sn=PH31788&amp;sd=2020-12-22\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/spwh-alert-johnson-fistel-investigates-proposed-sale-of-sportsmans-warehouse-is-18-a-fair-price\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/spwh-alert-johnson-fistel-investigates-proposed-sale-of-sportsmans-warehouse-is-18-a-fair-price\\\/\",\"name\":\"(SPWH Alert) Johnson Fistel Investigates Proposed Sale of Sportsman's Warehouse; Is $18 a Fair Price? 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(&#8220;Sportsman&#8217;s Warehouse&#8221; or the &#8220;Company&#8221;) (NASDAQ: SPWH) breached their fiduciary duties in connection with the proposed sale of the Company to Great American Outdoors Group \u00a0(&#8220;Great American&#8221; or the &#8220;Company&#8221;). \u00a0 On December 21, 2020, Sportsman&#8217;s Warehouse announced that it had entered into a definitive merger agreement with Great American.\u00a0Under the terms of the merger agreement, stockholders of Sportsman&#8217;s Warehouse will receive $18.00 per share in cash for each share of Sportsman&#8217;s Warehouse common stock. The investigation concerns whether the Sportsman&#8217;s Warehouse\u00a0board failed to satisfy its duties to the Company &hellip; Continue reading \"(SPWH Alert) Johnson Fistel Investigates Proposed Sale of Sportsman&#8217;s Warehouse; Is $18 a Fair Price?\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/spwh-alert-johnson-fistel-investigates-proposed-sale-of-sportsmans-warehouse-is-18-a-fair-price\/","og_site_name":"Market Newsdesk","article_published_time":"2020-12-22T13:27:55+00:00","og_image":[{"url":"https:\/\/c212.net\/c\/img\/favicon.png?sn=PH31788&amp;sd=2020-12-22","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/spwh-alert-johnson-fistel-investigates-proposed-sale-of-sportsmans-warehouse-is-18-a-fair-price\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/spwh-alert-johnson-fistel-investigates-proposed-sale-of-sportsmans-warehouse-is-18-a-fair-price\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"(SPWH Alert) Johnson Fistel Investigates Proposed Sale of Sportsman&#8217;s Warehouse; Is $18 a Fair Price?","datePublished":"2020-12-22T13:27:55+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/spwh-alert-johnson-fistel-investigates-proposed-sale-of-sportsmans-warehouse-is-18-a-fair-price\/"},"wordCount":340,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/spwh-alert-johnson-fistel-investigates-proposed-sale-of-sportsmans-warehouse-is-18-a-fair-price\/#primaryimage"},"thumbnailUrl":"https:\/\/c212.net\/c\/img\/favicon.png?sn=PH31788&amp;sd=2020-12-22","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/spwh-alert-johnson-fistel-investigates-proposed-sale-of-sportsmans-warehouse-is-18-a-fair-price\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/spwh-alert-johnson-fistel-investigates-proposed-sale-of-sportsmans-warehouse-is-18-a-fair-price\/","name":"(SPWH Alert) Johnson Fistel Investigates Proposed Sale of Sportsman's Warehouse; Is $18 a Fair Price? 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