Kahn Swick & Foti, LLC, led by the former Attorney General of Louisiana, has initiated investigations into the adequacy of price and process in the proposed sales of several companies, including SpartanNash Company (SPTN), Provident Bancorp, Inc. (PVBC), Performant Healthcare, Inc. (PHLT), Mr. Cooper Group Inc. (COOP), and TXNM Energy, Inc. (TXNM). Separately, The Ademi Firm is investigating whether PharmChem, Inc. is securing a fair price for its public shareholders. In a related development in the energy sector, Western Midstream Partners announced it will acquire Aris Water Solutions in a cash-and-stock transaction valued at approximately $1.5 billion, aiming to diversify its operations in the Permian Basin’s water disposal business. Following this announcement, Halper Sadeh LLC has launched an investigation into whether the sale of Aris Water Solutions, Inc. is fair to shareholders. Additionally, Energy Capital Partners is reportedly in advanced talks to purchase a minority stake in GFL Environmental's infrastructure affiliate, with the deal expected to value the business at around $3.1 billion.
Energy Capital Partners is in advanced negotiations to buy a minority stake in GFL Environmental's infrastructure affiliate, with the deal expected to value the business at around $3.1 billion https://t.co/NdXkcYvCaD
ARIS Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Aris Water Solutions, Inc. Is Fair to Shareholders https://t.co/qCKF7ZZsSw https://t.co/0l8Am8cThm
Western Midstream to buy Aris Water for $1.5 billion https://t.co/VnQJriUchz https://t.co/VnQJriUchz