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home / news releases / HABT - Habit Restaurants Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Sale of The Habit Restaurants Inc. is Fair to Shareholders; Investors Are Encouraged to Contact the Firm - HABT


HABT - Habit Restaurants Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Sale of The Habit Restaurants Inc. is Fair to Shareholders; Investors Are Encouraged to Contact the Firm - HABT

NEW YORK, Jan. 06, 2020 (GLOBE NEWSWIRE) -- Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of The Habit Restaurants, Inc. (NASDAQ: HABT) to Yum! Brands, Inc. (“Yum! Brands”) for $14.00 per share is fair to Habit Restaurants shareholders. On behalf of Habit Restaurants shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.

If you are a Habit Restaurants shareholder and would like to discuss your legal rights and options, please visit Habit Restaurants Merger or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.

The Habit Restaurants merger investigation concerns whether Habit Restaurants and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to: (1) obtain the best possible price for Habit Restaurants shareholders; (2) determine whether Yum! Brands is underpaying for Habit Restaurants; and (3) disclose all material information necessary for Habit Restaurants shareholders to adequately assess and value the merger consideration.

If you are a Habit Restaurants shareholder and would like to discuss your legal rights and options, please visit https://halpersadeh.com/actions/the-habit-restaurants-inc-habt-stock-merger-yum-brands/ or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.

Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:
Halper Sadeh LLP
Daniel Sadeh, Esq.
Zachary Halper, Esq.
(212) 763-0060
sadeh@halpersadeh.com
zhalper@halpersadeh.com
https://www.halpersadeh.com

Stock Information

Company Name: The Habit Restaurants Inc.
Stock Symbol: HABT
Market: NASDAQ

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