{"id":790997,"date":"2024-11-26T16:32:58","date_gmt":"2024-11-26T21:32:58","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/brodsky-smith-shareholder-update-notifying-investors-of-the-following-investigations-summit-materials-inc-nyse-sum-entero-therapeutics-inc-nasdaq-ento-liberty-broadband-c\/"},"modified":"2024-11-26T16:32:58","modified_gmt":"2024-11-26T21:32:58","slug":"brodsky-smith-shareholder-update-notifying-investors-of-the-following-investigations-summit-materials-inc-nyse-sum-entero-therapeutics-inc-nasdaq-ento-liberty-broadband-c","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/brodsky-smith-shareholder-update-notifying-investors-of-the-following-investigations-summit-materials-inc-nyse-sum-entero-therapeutics-inc-nasdaq-ento-liberty-broadband-c\/","title":{"rendered":"BRODSKY &amp; SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Summit Materials, Inc. (NYSE \u2013 SUM), Entero Therapeutics, Inc. (Nasdaq &#8211; ENTO), Liberty Broadband Corporation (Nasdaq \u2013 LBRDA, LBRDK, LBRDP), Manitex International, Inc. (Nasdaq &#8211; MNTX)"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">BALA CYNWYD, Pa., Nov.  26, 2024  (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=qpWL1XOQD0ihwRP0FYtM8ljridI-3QZ0mp_3MUhbMUQm35G4tMIFscAD_03jyB1n-dtwCg6V41na7imGiFnefy8DSlvRZlcQxddwDWpuR_GahWb2DMpEyNMk2H8aeBMc\" rel=\"nofollow\" target=\"_blank\">jbrodsky@brodskysmith.com<\/a>) or Marc Ackerman (<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=gB47NTTAojBAOHV_Y74eAf7qH58tJP0wfcqzGNeygitcBtCAEeNUzRb-4RnsxB2qEJ20yAuSBcm1U0e7cdfP-zVdm2F--J40fJsrLbPraDRvpoyxIfdrxi0TXwI5wcWX\" rel=\"nofollow\" target=\"_blank\">mackerman@brodskysmith.com<\/a>) at 855-576-4847. There is no cost or financial obligation to you.<\/p>\n<p>\n        <strong>Entero Therapeutics, Inc. (Nasdaq &#8211; ENTO)<\/strong>\n      <\/p>\n<p align=\"justify\">Under the terms of the Merger Agreement, Entero will merge with Journey Therapeutics, Inc. (\u201cJourney\u201d). Upon completion, shareholders of Journey will acquire 99% of the equity of Entero.The investigation concerns whether the Entero Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including the dilution of the Company\u2019s shareholders in the combined company.<\/p>\n<p>Additional information can be found at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=3iJwwz8iFn6hq6NArlq11PYvlctcfJJ2iiJZu54gJqaA5XOIL2TTReKWnKwL3nYh35n6ytF4bc8fbCgcouq6AtgVht-Vk7VSnGntL7R33oLYRu46UfnnvdVdRRdmkgjbpypezO1GM91qUHaZvWI4z1Ip_7P0huAv2lod-wAM7tvyM-_LOkrkzEZTCrbzlCqpZkG2w9TlAoZHpgTrNIyS485f02ybHVWv6gihjL5rAFQ=\" rel=\"nofollow\" target=\"_blank\">https:\/\/www.brodskysmith.com\/cases\/entero-therapeutics-inc-nasdaq-ento\/<\/a> .<\/p>\n<p>\n        <strong>Liberty Broadband Corporation (Nasdaq \u2013 LBRDA, LBRDK, LBRDP)<\/strong>\n      <\/p>\n<p align=\"justify\">Under the terms of the agreement, Liberty Broadband will be acquired by Charter Communications, Inc. (Nasdaq &#8211; CHTR). Under the terms of the deal, each holder of Liberty Broadband common stock will receive 0.236 of a share of Charter common stock per share of Liberty Broadband common stock held. Each holder of Liberty Broadband preferred stock will receive one share of newly issued Charter cumulative redeemable preferred stock per share of Liberty Broadband preferred stock held. The investigation concerns whether the Liberty Broadband Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether Charter is paying fair value for the Company.<\/p>\n<p align=\"justify\">Additional information can be found at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=3iJwwz8iFn6hq6NArlq11PYvlctcfJJ2iiJZu54gJqaA_1AsC-0QMjcwJwVxK55-yfleD-npGjdVEYyDbEeBQu-TQUkmMPqdqd2KqtxyS9-9_MX0jSVO9eedfDiGqbRCbSSReJQmwLXe9hl9BMhFbXs2yyndgp1Su8IdBUj0tPI5vLo70DblpCHMqVXFz1UUvougJe9BRZM5BwPT_BxLb-ltVi_N4MvgmqxapkAAWvKh1gQWthgJM5IMxtBFs8wdgu_4QRnnvK6QTqegnE5oQA==\" rel=\"nofollow\" target=\"_blank\">https:\/\/www.brodskysmith.com\/cases\/liberty-broadband-corporation-nasdaq-lbrda-lbrdk-lbrdp\/<\/a>.<\/p>\n<p>\n        <strong>Summit Materials, Inc. (NYSE \u2013 SUM)<\/strong>\n      <\/p>\n<p align=\"justify\">Under the terms of the agreement, Summit Materials will be acquired by Quikrete Holdings, Inc. (\u201cQuikrete\u201d) for $52.50 per share in cash, for a total enterprise value of approximately $11.5 billion, including debt. The investigation concerns whether the Summit Materials Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether Quikrete is paying fair value to shareholders of the Company.<\/p>\n<p align=\"justify\">Additional information can be found at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=3iJwwz8iFn6hq6NArlq11PYvlctcfJJ2iiJZu54gJqbcZCkBI1qf39TDibmEZGqNeZT3h5Oui7plwT8CVbiMYN4fC7q0RmKs_sJbmM44CjpLJxN6lhgGm7vjOnbNzhHjOTmo3lNQBHpG18vlys1PuU3Q6azvmDcApt1Eer6kgvqGOHuU9tcMp3hEkWiDgg5BoNhp8iCE6zbMMPy1nm8FVA==\" rel=\"nofollow\" target=\"_blank\">https:\/\/www.brodskysmith.com\/cases\/summit-materials-inc-nyse-sum\/<\/a>.<\/p>\n<p>\n        <strong>Manitex International, Inc. (Nasdaq &#8211; MNTX)<\/strong>\n      <\/p>\n<p align=\"justify\">Under the terms of the agreement, Manitex will be acquired by Tadano Ltd. (\u201cTadano\u201d) in an all-cash transaction. Manitex shareholders will receive $5.80 per share in cash in a deal valued at approximately $223 million. The investigation concerns whether the Manitex Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether Tadano is paying fair value to shareholders of the Company.<\/p>\n<p align=\"justify\">Additional information can be found at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=3iJwwz8iFn6hq6NArlq11PYvlctcfJJ2iiJZu54gJqbQbEbcTL56q5Gy_nWsOGKnmAxlOnbXOK4HTqbtnm0RAHuca_wVbD7klqhAgeHDfF5youCPVMszuRbOAiQzUUqcUCyJXQHwAkhjR0j0QQQkyVjVbPS-tTbM3AWqQBMVtbeXSfoXSZL4rRuhvrIiNg90oeyy3NUfEb8K_x9tKm6nhzD03p5hfHYWJDERPCfiC5E=\" rel=\"nofollow\" target=\"_blank\">https:\/\/www.brodskysmith.com\/cases\/manitex-international-inc-nasdaq-mntx-2\/<\/a>.<\/p>\n<p align=\"justify\">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>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTI5MDU1MCM2NjEyNDAzIzIxODgyNzg=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/ZTFjMjA4MmEtMjk4OS00MzMwLTk1ODEtNWUzNTMwMzc3YzFmLTExOTk4MzE=\/tiny\/Brodsky-Smith-LLC.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>BALA CYNWYD, Pa., Nov. 26, 2024 (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. Entero Therapeutics, Inc. (Nasdaq &#8211; ENTO) Under the terms of the Merger Agreement, Entero will merge with Journey Therapeutics, Inc. (\u201cJourney\u201d). Upon completion, shareholders of Journey will acquire 99% of the equity of Entero.The investigation concerns whether the Entero Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including the dilution of the Company\u2019s shareholders in the combined company. Additional information can be found at https:\/\/www.brodskysmith.com\/cases\/entero-therapeutics-inc-nasdaq-ento\/ . Liberty &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-summit-materials-inc-nyse-sum-entero-therapeutics-inc-nasdaq-ento-liberty-broadband-c\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;BRODSKY &amp; SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Summit Materials, Inc. (NYSE \u2013 SUM), Entero Therapeutics, Inc. (Nasdaq &#8211; ENTO), Liberty Broadband Corporation (Nasdaq \u2013 LBRDA, LBRDK, LBRDP), Manitex International, Inc. (Nasdaq &#8211; MNTX)&#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-790997","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>BRODSKY &amp; SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Summit Materials, Inc. (NYSE \u2013 SUM), Entero Therapeutics, Inc. (Nasdaq - ENTO), Liberty Broadband Corporation (Nasdaq \u2013 LBRDA, LBRDK, LBRDP), Manitex International, Inc. (Nasdaq - MNTX) - 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-summit-materials-inc-nyse-sum-entero-therapeutics-inc-nasdaq-ento-liberty-broadband-c\/\" \/>\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: Summit Materials, Inc. (NYSE \u2013 SUM), Entero Therapeutics, Inc. (Nasdaq - ENTO), Liberty Broadband Corporation (Nasdaq \u2013 LBRDA, LBRDK, LBRDP), Manitex International, Inc. (Nasdaq - MNTX) - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"BALA CYNWYD, Pa., Nov. 26, 2024 (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. Entero Therapeutics, Inc. (Nasdaq &#8211; ENTO) Under the terms of the Merger Agreement, Entero will merge with Journey Therapeutics, Inc. (\u201cJourney\u201d). Upon completion, shareholders of Journey will acquire 99% of the equity of Entero.The investigation concerns whether the Entero Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including the dilution of the Company\u2019s shareholders in the combined company. Additional information can be found at https:\/\/www.brodskysmith.com\/cases\/entero-therapeutics-inc-nasdaq-ento\/ . Liberty &hellip; Continue reading &quot;BRODSKY &amp; SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Summit Materials, Inc. (NYSE \u2013 SUM), Entero Therapeutics, Inc. (Nasdaq &#8211; ENTO), Liberty Broadband Corporation (Nasdaq \u2013 LBRDA, LBRDK, LBRDP), Manitex International, Inc. 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(NYSE \u2013 SUM), Entero Therapeutics, Inc. (Nasdaq - ENTO), Liberty Broadband Corporation (Nasdaq \u2013 LBRDA, LBRDK, LBRDP), Manitex International, Inc. (Nasdaq - MNTX) - 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-summit-materials-inc-nyse-sum-entero-therapeutics-inc-nasdaq-ento-liberty-broadband-c\/","og_locale":"en_US","og_type":"article","og_title":"BRODSKY &amp; SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Summit Materials, Inc. (NYSE \u2013 SUM), Entero Therapeutics, Inc. (Nasdaq - ENTO), Liberty Broadband Corporation (Nasdaq \u2013 LBRDA, LBRDK, LBRDP), Manitex International, Inc. (Nasdaq - MNTX) - Market Newsdesk","og_description":"BALA CYNWYD, Pa., Nov. 26, 2024 (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. Entero Therapeutics, Inc. (Nasdaq &#8211; ENTO) Under the terms of the Merger Agreement, Entero will merge with Journey Therapeutics, Inc. (\u201cJourney\u201d). Upon completion, shareholders of Journey will acquire 99% of the equity of Entero.The investigation concerns whether the Entero Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including the dilution of the Company\u2019s shareholders in the combined company. Additional information can be found at https:\/\/www.brodskysmith.com\/cases\/entero-therapeutics-inc-nasdaq-ento\/ . Liberty &hellip; Continue reading \"BRODSKY &amp; SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Summit Materials, Inc. (NYSE \u2013 SUM), Entero Therapeutics, Inc. (Nasdaq &#8211; ENTO), Liberty Broadband Corporation (Nasdaq \u2013 LBRDA, LBRDK, LBRDP), Manitex International, Inc. (Nasdaq &#8211; MNTX)\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/brodsky-smith-shareholder-update-notifying-investors-of-the-following-investigations-summit-materials-inc-nyse-sum-entero-therapeutics-inc-nasdaq-ento-liberty-broadband-c\/","og_site_name":"Market Newsdesk","article_published_time":"2024-11-26T21:32:58+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTI5MDU1MCM2NjEyNDAzIzIxODgyNzg=","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\/brodsky-smith-shareholder-update-notifying-investors-of-the-following-investigations-summit-materials-inc-nyse-sum-entero-therapeutics-inc-nasdaq-ento-liberty-broadband-c\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/brodsky-smith-shareholder-update-notifying-investors-of-the-following-investigations-summit-materials-inc-nyse-sum-entero-therapeutics-inc-nasdaq-ento-liberty-broadband-c\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"BRODSKY &amp; SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Summit Materials, Inc. (NYSE \u2013 SUM), Entero Therapeutics, Inc. (Nasdaq &#8211; ENTO), Liberty Broadband Corporation (Nasdaq \u2013 LBRDA, LBRDK, LBRDP), Manitex International, Inc. (Nasdaq &#8211; MNTX)","datePublished":"2024-11-26T21:32:58+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/brodsky-smith-shareholder-update-notifying-investors-of-the-following-investigations-summit-materials-inc-nyse-sum-entero-therapeutics-inc-nasdaq-ento-liberty-broadband-c\/"},"wordCount":518,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/brodsky-smith-shareholder-update-notifying-investors-of-the-following-investigations-summit-materials-inc-nyse-sum-entero-therapeutics-inc-nasdaq-ento-liberty-broadband-c\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTI5MDU1MCM2NjEyNDAzIzIxODgyNzg=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/brodsky-smith-shareholder-update-notifying-investors-of-the-following-investigations-summit-materials-inc-nyse-sum-entero-therapeutics-inc-nasdaq-ento-liberty-broadband-c\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/brodsky-smith-shareholder-update-notifying-investors-of-the-following-investigations-summit-materials-inc-nyse-sum-entero-therapeutics-inc-nasdaq-ento-liberty-broadband-c\/","name":"BRODSKY &amp; SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Summit Materials, Inc. (NYSE \u2013 SUM), Entero Therapeutics, Inc. (Nasdaq - ENTO), Liberty Broadband Corporation (Nasdaq \u2013 LBRDA, LBRDK, LBRDP), Manitex International, Inc. (Nasdaq - MNTX) - 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-summit-materials-inc-nyse-sum-entero-therapeutics-inc-nasdaq-ento-liberty-broadband-c\/#primaryimage"},"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/brodsky-smith-shareholder-update-notifying-investors-of-the-following-investigations-summit-materials-inc-nyse-sum-entero-therapeutics-inc-nasdaq-ento-liberty-broadband-c\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTI5MDU1MCM2NjEyNDAzIzIxODgyNzg=","datePublished":"2024-11-26T21:32:58+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-summit-materials-inc-nyse-sum-entero-therapeutics-inc-nasdaq-ento-liberty-broadband-c\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.marketnewsdesk.com\/index.php\/brodsky-smith-shareholder-update-notifying-investors-of-the-following-investigations-summit-materials-inc-nyse-sum-entero-therapeutics-inc-nasdaq-ento-liberty-broadband-c\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/brodsky-smith-shareholder-update-notifying-investors-of-the-following-investigations-summit-materials-inc-nyse-sum-entero-therapeutics-inc-nasdaq-ento-liberty-broadband-c\/#primaryimage","url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTI5MDU1MCM2NjEyNDAzIzIxODgyNzg=","contentUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTI5MDU1MCM2NjEyNDAzIzIxODgyNzg="},{"@type":"BreadcrumbList","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/brodsky-smith-shareholder-update-notifying-investors-of-the-following-investigations-summit-materials-inc-nyse-sum-entero-therapeutics-inc-nasdaq-ento-liberty-broadband-c\/#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: Summit Materials, Inc. 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