AMK - Breaking News: Is AssetMark's $35.25 Per Share Sale Price a Fair Deal? Johnson Fistel LLP Investigates Deal Terms | Benzinga
SAN DIEGO, April 25, 2024 (GLOBE NEWSWIRE) -- Johnson Fistel, LLP, a leading stockholder rights law firm, announced today that it has initiated an investigation into the board members of AssetMark Financial (NYSE:AMK) ("AssetMark") concerning potential breaches of fiduciary duties related to the proposed sale of the Company to private equity firm GTCR.
On April 25, 2024, AssetMark informed the public that it has agreed to a deal with GTCR, in which stockholders will receive $35.25 per share in an all-cash offer. Upon completion of the deal, AssetMark will be a private Company.
Johnson Fistel's investigation focuses on whether AssetMark's board failed to satisfy its duties to the ...