GATO Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Proposed Merger of Gatos Silver With First Majestic Silver
Gatos Silver(GATO) GlobeNewswire News Room·2024-09-05 21:35
MONSEY, N.Y., Sept. 05, 2024 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the proposed merger of Gatos Silver, Inc. (NYSE: GATO) ("Gatos") with First Majestic Silver Corp. ("First Majestic") in an all-stock transaction that values Gatos at approximately $13.49 per share, which is well below the price target of $18.00 per share for Gatos of Wall Street analyst Cosmos Chiu at CIBC. The merger was approved upon the recommendation of a special committee of independent ...