BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Liberty Broadband Corporation (Nasdaq – LBRDA, LBRDK, LBRDP), Adams Resources & Energy, Inc. (NYSE American - AE), Retail Opportunity Investments Corp. (Nasdaq ROIC), Fresh Vine Wine, Inc. (NYSE – VINE)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 26 2024
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Source: Globenewswire
Investigation Announcements: Brodsky & Smith is investigating potential breaches of fiduciary duties by the boards of Liberty Broadband, Adams Resources & Energy, Retail Opportunity Investments Corp., and Fresh Vine Wine regarding their acquisition deals, questioning whether shareholders are receiving fair value.
Acquisition Details: Each company mentioned is set to be acquired at specified cash or stock values, with Liberty Broadband exchanging shares for Charter stock, Adams receiving $38 per share from Tres Energy, ROIC being bought by Blackstone for $17.50 per share, and Fresh Vine Wine shareholders getting $10 per share from Amaze Software.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
