{"id":764812,"date":"2023-06-20T10:31:23","date_gmt":"2023-06-20T14:31:23","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/brodsky-smith-shareholder-update-notifying-investors-of-the-following-investigations-eneti-inc-nyse-neti-franchise-group-inc-nasdaq-frg-tessco-technologies-incorpo\/"},"modified":"2023-06-20T10:31:23","modified_gmt":"2023-06-20T14:31:23","slug":"brodsky-smith-shareholder-update-notifying-investors-of-the-following-investigations-eneti-inc-nyse-neti-franchise-group-inc-nasdaq-frg-tessco-technologies-incorpo","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/brodsky-smith-shareholder-update-notifying-investors-of-the-following-investigations-eneti-inc-nyse-neti-franchise-group-inc-nasdaq-frg-tessco-technologies-incorpo\/","title":{"rendered":"BRODSKY &amp; SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Eneti Inc. (NYSE \u2013 NETI), Franchise Group, Inc. (Nasdaq \u2013 FRG), Tessco Technologies Incorporated (Nasdaq &#8211; TESS), NexTier Oilfield Solutions Inc. (NYSE \u2013 NEX)"},"content":{"rendered":"<div class=\"mw_release\">\n<p>BALA CYNWYD, Pa., June  20, 2023  (GLOBE NEWSWIRE) &#8212; Brodsky &amp; Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky (<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=5nq8a_TLtL9sjBUm_J_ef9aZpDddrbWSohvjWB0QMKni2WL3cFAK63gwB7VRTv6FKoOGhlcKtZqqYYlpaEV72rMUc4NVd11HNNRKh0HnVBzB1gr93B_dx859gUjxwysh\" rel=\"nofollow noopener\" target=\"_blank\">jbrodsky@brodskysmith.com<\/a>) or Marc Ackerman (<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=5kzKpqKaq0cxsHc_ASGlK0vg-UdmKOrnLb-MDV1Ysd6kMZbYFQ9pQrHgxxrRGdTiOU4ud93U1P9_h-Lr5sstbbOP0RG7tZ1MV14xC_r7zZsiH89w2z9M8vtYCwO57a0k\" rel=\"nofollow noopener\" target=\"_blank\">mackerman@brodskysmith.com<\/a>) at 855-576-4847. There is no cost or financial obligation to you.<\/p>\n<p>\n        <strong>Eneti Inc. (NYSE \u2013 NETI)<\/strong>\n      <\/p>\n<p align=\"justify\">Under the terms of the agreement, Eneti will merge with Cadeler A\/S (\u201cCadeler\u201d) (OSE &#8211; CADLR). Cadeler will make a stock-for-stock exchange offer to all stockholders of Eneti based on an exchange ratio of 3.409 Cadeler shares for each Eneti share (the \u201cExchange Offer\u201d). Following the completion of the Exchange Offer, Cadeler and Eneti shareholders will own approximately 60% and 40% of the combined company, respectively. The investigation concerns whether the Eneti Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including the dilution to Eneti shareholders in the combined company.<\/p>\n<p>Additional information can be found at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=sQjfJ8doo33Jh92y7pJXVXSlsqc75g_j0LEjWJ_9kuEX8D-_hyw4mngGYQgbsfT6ZppI2XQUE0c4B8JsExCxORjqrre1xu7QOELBon2ZNkP46yQlHUVZPYif9ZBTYmVGXNySNFrrF4nHvtnW15ztLsGpBwNisyt123NfeC5aqXYOXbZN5Q2AU0JuM1HFoFfG\" rel=\"nofollow noopener\" target=\"_blank\">https:\/\/www.brodskysmith.com\/cases\/eneti-inc-nyse-neti\/<\/a>.<\/p>\n<p>\n        <strong>Franchise Group, Inc. (Nasdaq \u2013 FRG)<\/strong>\n      <\/p>\n<p align=\"justify\">Under the terms of the Merger Agreement, Franchise Group will be acquired by members of the senior management team of Franchise Group in financial partnership with a consortium that includes B. Riley Financial, Inc. and Irradiant Partners. The buyers will acquire approximately 64% of the Company\u2019s issued and outstanding common stock that the management team does not presently own or control. Franchise Group common stockholders, other than the referenced management team, will receive $30.00 in cash for each share of Franchise Group common stock they hold. The transaction has an enterprise value of approximately $2.6 billion, including the Company\u2019s net debt and outstanding preferred stock. The investigation concerns whether the Franchise Group Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether the buyers are paying too little for the Company. For example, the deal consideration is below the 52-week high of $44.25 for the Company\u2019s shares.<\/p>\n<p>Additional information can be found at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=sQjfJ8doo33Jh92y7pJXVXSlsqc75g_j0LEjWJ_9kuEjEwclSKsbtmTbf8-P7FraejCdn9mPbLNhRCF8jdk0ReWWsOnXdhSChFv3nQJH92e7ObMbLPybwvTglYwLQULEkqFPVY0Wiv7PmWvJYMsupEBCD2Nt6kEn69Guxb4p4u4aSA6-BsjfsgaicB13s9Py1M8qyNvyCDy6rnEUpz2cNw==\" rel=\"nofollow noopener\" target=\"_blank\">https:\/\/www.brodskysmith.com\/cases\/franchise-group-inc-nasdaq-frg\/<\/a>.<\/p>\n<p>\n        <strong>Tessco Technologies Incorporated (Nasdaq &#8211; TESS)<\/strong>\n      <\/p>\n<p align=\"justify\">Under the terms of the agreement, Tessco will be acquired by entities affiliated with Lee Equity Partners and Twin Point Capital, in an all-cash transaction. All outstanding shares of Tessco common stock will be acquired for $9.00 in cash, resulting in an enterprise value of approximately $161.4 million. The investigation concerns whether the Tessco Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether Lee Equity Partners and Twin Point Capital are paying too little for the Company.<\/p>\n<p>Additional information can be found at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=sQjfJ8doo33Jh92y7pJXVXSlsqc75g_j0LEjWJ_9kuHIhaLZns6IrWHvJnaXSreqiympgpOf1PueHDVGFNKQXvBw0VCTvFlzhjr_-2awlEAijjJqRO76yBTUC73MrSSX6Drlqrt1tH59e7ijO69E9LARJt5Z9GTZ1QEDkLtaAra9PfZXH_3CGJnOTytMKs0K2dRqrkCBuXzZi8wYhkVJqZQFRoT3bJucA_2zjfPxcs4cahuDE8QGcJYJ0E3inHeL\" rel=\"nofollow noopener\" target=\"_blank\">https:\/\/www.brodskysmith.com\/cases\/tessco-technologies-incorporated-nasdaq-tess\/<\/a>.<\/p>\n<p>\n        <strong>NexTier Oilfield Solutions Inc. (NYSE \u2013 NEX)<\/strong>\n      <\/p>\n<p align=\"justify\">Under the terms of the agreement, NexTier will merge with Patterson-UTI Energy, Inc. (\u201cPatterson-UTI\u201d) (Nasdaq &#8211; PTEN). NexTier shareholders will receive 0.7520 shares of Patterson-UTI common stock for each share of NexTier common stock owned. Patterson-UTI shareholders will own approximately 55% and NexTier shareholders will own approximately 45% of the combined company on a fully diluted basis. The deal has an enterprise value of approximately $5.4 billion. The investigation concerns whether the NexTier Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including the dilution to NexTier shareholders in the combined company.<\/p>\n<p>Additional information can be found at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=sQjfJ8doo33Jh92y7pJXVXSlsqc75g_j0LEjWJ_9kuH1o3UCT7WknMfjW4_ywIF54lDm4hFR66uO0g-1GAJPzvzseZ5cNCQgBymSowI72GsZd0uBVIKbRS5HKDXg5ttEyxAngtBZWUmA4ksp9Gh7jHucbw6mMrLjO79ILGobOaQPQnOmrOFBl5ffgQmchihhheZ-MeAyjlBUfkfp8PgM-LzkV-armTslXlH6IUWWvAM=\" rel=\"nofollow noopener\" target=\"_blank\">https:\/\/www.brodskysmith.com\/cases\/nextier-oilfield-solutions-inc-nyse-nex\/<\/a>.<\/p>\n<p>Brodsky &amp; Smith is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky &amp; Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.<\/p>\n<p \/>\n      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODg2MTI5NSM1NjU1ODg4IzIxODgyNzg=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/YmNmYWNiZDktNjI5My00ZjQ3LWFlMWItZjJlN2E0OWM2ZGEwLTExOTk4MzE=\/tiny\/Brodsky-Smith-LLC.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>BALA CYNWYD, Pa., June 20, 2023 (GLOBE NEWSWIRE) &#8212; Brodsky &amp; Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky (jbrodsky@brodskysmith.com) or Marc Ackerman (mackerman@brodskysmith.com) at 855-576-4847. There is no cost or financial obligation to you. Eneti Inc. (NYSE \u2013 NETI) Under the terms of the agreement, Eneti will merge with Cadeler A\/S (\u201cCadeler\u201d) (OSE &#8211; CADLR). Cadeler will make a stock-for-stock exchange offer to all stockholders of Eneti based on an exchange ratio of 3.409 Cadeler shares for each Eneti share (the \u201cExchange Offer\u201d). Following the completion of the Exchange Offer, Cadeler and Eneti shareholders will own approximately 60% and 40% of the combined company, respectively. The investigation &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/brodsky-smith-shareholder-update-notifying-investors-of-the-following-investigations-eneti-inc-nyse-neti-franchise-group-inc-nasdaq-frg-tessco-technologies-incorpo\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;BRODSKY &amp; SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Eneti Inc. (NYSE \u2013 NETI), Franchise Group, Inc. (Nasdaq \u2013 FRG), Tessco Technologies Incorporated (Nasdaq &#8211; TESS), NexTier Oilfield Solutions Inc. (NYSE \u2013 NEX)&#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-764812","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>BRODSKY &amp; SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Eneti Inc. (NYSE \u2013 NETI), Franchise Group, Inc. (Nasdaq \u2013 FRG), Tessco Technologies Incorporated (Nasdaq - TESS), NexTier Oilfield Solutions Inc. (NYSE \u2013 NEX) - 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\/brodsky-smith-shareholder-update-notifying-investors-of-the-following-investigations-eneti-inc-nyse-neti-franchise-group-inc-nasdaq-frg-tessco-technologies-incorpo\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BRODSKY &amp; SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Eneti Inc. (NYSE \u2013 NETI), Franchise Group, Inc. (Nasdaq \u2013 FRG), Tessco Technologies Incorporated (Nasdaq - TESS), NexTier Oilfield Solutions Inc. (NYSE \u2013 NEX) - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"BALA CYNWYD, Pa., June 20, 2023 (GLOBE NEWSWIRE) &#8212; Brodsky &amp; Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky (jbrodsky@brodskysmith.com) or Marc Ackerman (mackerman@brodskysmith.com) at 855-576-4847. There is no cost or financial obligation to you. Eneti Inc. (NYSE \u2013 NETI) Under the terms of the agreement, Eneti will merge with Cadeler A\/S (\u201cCadeler\u201d) (OSE &#8211; CADLR). Cadeler will make a stock-for-stock exchange offer to all stockholders of Eneti based on an exchange ratio of 3.409 Cadeler shares for each Eneti share (the \u201cExchange Offer\u201d). Following the completion of the Exchange Offer, Cadeler and Eneti shareholders will own approximately 60% and 40% of the combined company, respectively. The investigation &hellip; Continue reading &quot;BRODSKY &amp; SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Eneti Inc. (NYSE \u2013 NETI), Franchise Group, Inc. (Nasdaq \u2013 FRG), Tessco Technologies Incorporated (Nasdaq &#8211; TESS), NexTier Oilfield Solutions Inc. (NYSE \u2013 NEX)&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/brodsky-smith-shareholder-update-notifying-investors-of-the-following-investigations-eneti-inc-nyse-neti-franchise-group-inc-nasdaq-frg-tessco-technologies-incorpo\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-06-20T14:31:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODg2MTI5NSM1NjU1ODg4IzIxODgyNzg=\" \/>\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=\"3 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\\\/brodsky-smith-shareholder-update-notifying-investors-of-the-following-investigations-eneti-inc-nyse-neti-franchise-group-inc-nasdaq-frg-tessco-technologies-incorpo\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/brodsky-smith-shareholder-update-notifying-investors-of-the-following-investigations-eneti-inc-nyse-neti-franchise-group-inc-nasdaq-frg-tessco-technologies-incorpo\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"BRODSKY &amp; SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Eneti Inc. (NYSE \u2013 NETI), Franchise Group, Inc. (Nasdaq \u2013 FRG), Tessco Technologies Incorporated (Nasdaq &#8211; TESS), NexTier Oilfield Solutions Inc. (NYSE \u2013 NEX)\",\"datePublished\":\"2023-06-20T14:31:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/brodsky-smith-shareholder-update-notifying-investors-of-the-following-investigations-eneti-inc-nyse-neti-franchise-group-inc-nasdaq-frg-tessco-technologies-incorpo\\\/\"},\"wordCount\":639,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/brodsky-smith-shareholder-update-notifying-investors-of-the-following-investigations-eneti-inc-nyse-neti-franchise-group-inc-nasdaq-frg-tessco-technologies-incorpo\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODg2MTI5NSM1NjU1ODg4IzIxODgyNzg=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/brodsky-smith-shareholder-update-notifying-investors-of-the-following-investigations-eneti-inc-nyse-neti-franchise-group-inc-nasdaq-frg-tessco-technologies-incorpo\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/brodsky-smith-shareholder-update-notifying-investors-of-the-following-investigations-eneti-inc-nyse-neti-franchise-group-inc-nasdaq-frg-tessco-technologies-incorpo\\\/\",\"name\":\"BRODSKY &amp; SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Eneti Inc. (NYSE \u2013 NETI), Franchise Group, Inc. (Nasdaq \u2013 FRG), Tessco Technologies Incorporated (Nasdaq - TESS), NexTier Oilfield Solutions Inc. (NYSE \u2013 NEX) - Market Newsdesk\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/brodsky-smith-shareholder-update-notifying-investors-of-the-following-investigations-eneti-inc-nyse-neti-franchise-group-inc-nasdaq-frg-tessco-technologies-incorpo\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/brodsky-smith-shareholder-update-notifying-investors-of-the-following-investigations-eneti-inc-nyse-neti-franchise-group-inc-nasdaq-frg-tessco-technologies-incorpo\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODg2MTI5NSM1NjU1ODg4IzIxODgyNzg=\",\"datePublished\":\"2023-06-20T14:31:23+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/brodsky-smith-shareholder-update-notifying-investors-of-the-following-investigations-eneti-inc-nyse-neti-franchise-group-inc-nasdaq-frg-tessco-technologies-incorpo\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/brodsky-smith-shareholder-update-notifying-investors-of-the-following-investigations-eneti-inc-nyse-neti-franchise-group-inc-nasdaq-frg-tessco-technologies-incorpo\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/brodsky-smith-shareholder-update-notifying-investors-of-the-following-investigations-eneti-inc-nyse-neti-franchise-group-inc-nasdaq-frg-tessco-technologies-incorpo\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODg2MTI5NSM1NjU1ODg4IzIxODgyNzg=\",\"contentUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODg2MTI5NSM1NjU1ODg4IzIxODgyNzg=\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/brodsky-smith-shareholder-update-notifying-investors-of-the-following-investigations-eneti-inc-nyse-neti-franchise-group-inc-nasdaq-frg-tessco-technologies-incorpo\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"BRODSKY &amp; SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Eneti Inc. (NYSE \u2013 NETI), Franchise Group, Inc. (Nasdaq \u2013 FRG), Tessco Technologies Incorporated (Nasdaq &#8211; TESS), NexTier Oilfield Solutions Inc. (NYSE \u2013 NEX)\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\",\"name\":\"Market Newsdesk\",\"description\":\"Latest Business News in Real Time\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\",\"name\":\"Newsdesk\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"caption\":\"Newsdesk\"},\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/author\\\/newsdesk\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"BRODSKY &amp; SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Eneti Inc. (NYSE \u2013 NETI), Franchise Group, Inc. (Nasdaq \u2013 FRG), Tessco Technologies Incorporated (Nasdaq - TESS), NexTier Oilfield Solutions Inc. (NYSE \u2013 NEX) - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/brodsky-smith-shareholder-update-notifying-investors-of-the-following-investigations-eneti-inc-nyse-neti-franchise-group-inc-nasdaq-frg-tessco-technologies-incorpo\/","og_locale":"en_US","og_type":"article","og_title":"BRODSKY &amp; SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Eneti Inc. (NYSE \u2013 NETI), Franchise Group, Inc. (Nasdaq \u2013 FRG), Tessco Technologies Incorporated (Nasdaq - TESS), NexTier Oilfield Solutions Inc. (NYSE \u2013 NEX) - Market Newsdesk","og_description":"BALA CYNWYD, Pa., June 20, 2023 (GLOBE NEWSWIRE) &#8212; Brodsky &amp; Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky (jbrodsky@brodskysmith.com) or Marc Ackerman (mackerman@brodskysmith.com) at 855-576-4847. There is no cost or financial obligation to you. Eneti Inc. (NYSE \u2013 NETI) Under the terms of the agreement, Eneti will merge with Cadeler A\/S (\u201cCadeler\u201d) (OSE &#8211; CADLR). Cadeler will make a stock-for-stock exchange offer to all stockholders of Eneti based on an exchange ratio of 3.409 Cadeler shares for each Eneti share (the \u201cExchange Offer\u201d). Following the completion of the Exchange Offer, Cadeler and Eneti shareholders will own approximately 60% and 40% of the combined company, respectively. The investigation &hellip; Continue reading \"BRODSKY &amp; SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Eneti Inc. (NYSE \u2013 NETI), Franchise Group, Inc. (Nasdaq \u2013 FRG), Tessco Technologies Incorporated (Nasdaq &#8211; TESS), NexTier Oilfield Solutions Inc. (NYSE \u2013 NEX)\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/brodsky-smith-shareholder-update-notifying-investors-of-the-following-investigations-eneti-inc-nyse-neti-franchise-group-inc-nasdaq-frg-tessco-technologies-incorpo\/","og_site_name":"Market Newsdesk","article_published_time":"2023-06-20T14:31:23+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODg2MTI5NSM1NjU1ODg4IzIxODgyNzg=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/brodsky-smith-shareholder-update-notifying-investors-of-the-following-investigations-eneti-inc-nyse-neti-franchise-group-inc-nasdaq-frg-tessco-technologies-incorpo\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/brodsky-smith-shareholder-update-notifying-investors-of-the-following-investigations-eneti-inc-nyse-neti-franchise-group-inc-nasdaq-frg-tessco-technologies-incorpo\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"BRODSKY &amp; SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Eneti Inc. (NYSE \u2013 NETI), Franchise Group, Inc. (Nasdaq \u2013 FRG), Tessco Technologies Incorporated (Nasdaq &#8211; TESS), NexTier Oilfield Solutions Inc. (NYSE \u2013 NEX)","datePublished":"2023-06-20T14:31:23+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/brodsky-smith-shareholder-update-notifying-investors-of-the-following-investigations-eneti-inc-nyse-neti-franchise-group-inc-nasdaq-frg-tessco-technologies-incorpo\/"},"wordCount":639,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/brodsky-smith-shareholder-update-notifying-investors-of-the-following-investigations-eneti-inc-nyse-neti-franchise-group-inc-nasdaq-frg-tessco-technologies-incorpo\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODg2MTI5NSM1NjU1ODg4IzIxODgyNzg=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/brodsky-smith-shareholder-update-notifying-investors-of-the-following-investigations-eneti-inc-nyse-neti-franchise-group-inc-nasdaq-frg-tessco-technologies-incorpo\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/brodsky-smith-shareholder-update-notifying-investors-of-the-following-investigations-eneti-inc-nyse-neti-franchise-group-inc-nasdaq-frg-tessco-technologies-incorpo\/","name":"BRODSKY &amp; SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Eneti Inc. (NYSE \u2013 NETI), Franchise Group, Inc. (Nasdaq \u2013 FRG), Tessco Technologies Incorporated (Nasdaq - TESS), NexTier Oilfield Solutions Inc. (NYSE \u2013 NEX) - Market Newsdesk","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/brodsky-smith-shareholder-update-notifying-investors-of-the-following-investigations-eneti-inc-nyse-neti-franchise-group-inc-nasdaq-frg-tessco-technologies-incorpo\/#primaryimage"},"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/brodsky-smith-shareholder-update-notifying-investors-of-the-following-investigations-eneti-inc-nyse-neti-franchise-group-inc-nasdaq-frg-tessco-technologies-incorpo\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODg2MTI5NSM1NjU1ODg4IzIxODgyNzg=","datePublished":"2023-06-20T14:31:23+00:00","author":{"@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"breadcrumb":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/brodsky-smith-shareholder-update-notifying-investors-of-the-following-investigations-eneti-inc-nyse-neti-franchise-group-inc-nasdaq-frg-tessco-technologies-incorpo\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.marketnewsdesk.com\/index.php\/brodsky-smith-shareholder-update-notifying-investors-of-the-following-investigations-eneti-inc-nyse-neti-franchise-group-inc-nasdaq-frg-tessco-technologies-incorpo\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/brodsky-smith-shareholder-update-notifying-investors-of-the-following-investigations-eneti-inc-nyse-neti-franchise-group-inc-nasdaq-frg-tessco-technologies-incorpo\/#primaryimage","url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODg2MTI5NSM1NjU1ODg4IzIxODgyNzg=","contentUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODg2MTI5NSM1NjU1ODg4IzIxODgyNzg="},{"@type":"BreadcrumbList","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/brodsky-smith-shareholder-update-notifying-investors-of-the-following-investigations-eneti-inc-nyse-neti-franchise-group-inc-nasdaq-frg-tessco-technologies-incorpo\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.marketnewsdesk.com\/"},{"@type":"ListItem","position":2,"name":"BRODSKY &amp; SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Eneti Inc. (NYSE \u2013 NETI), Franchise Group, Inc. (Nasdaq \u2013 FRG), Tessco Technologies Incorporated (Nasdaq &#8211; TESS), NexTier Oilfield Solutions Inc. (NYSE \u2013 NEX)"}]},{"@type":"WebSite","@id":"https:\/\/www.marketnewsdesk.com\/#website","url":"https:\/\/www.marketnewsdesk.com\/","name":"Market Newsdesk","description":"Latest Business News in Real Time","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.marketnewsdesk.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979","name":"Newsdesk","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","caption":"Newsdesk"},"url":"https:\/\/www.marketnewsdesk.com\/index.php\/author\/newsdesk\/"}]}},"_links":{"self":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/764812","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/comments?post=764812"}],"version-history":[{"count":0,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/764812\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/media?parent=764812"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/categories?post=764812"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/tags?post=764812"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}