Halper Sadeh Investigates Potential Securities Violations by Penumbra, Exact Sciences, DigitalBridge, and Flushing Financial
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: Globenewswire
- Penumbra Acquisition Investigation: Halper Sadeh is investigating Penumbra, Inc. (NYSE: PEN) regarding its sale to Boston Scientific Corporation for either $374 in cash or 3.8721 shares of Boston Scientific stock, potentially violating fiduciary duties to shareholders.
- Exact Sciences Transaction Review: Exact Sciences Corporation (NASDAQ: EXAS) is selling to Abbott for $105 per share in cash, with Halper Sadeh scrutinizing whether this transaction aligns with shareholder rights, which may affect legal options for investors.
- DigitalBridge Shareholder Rights: DigitalBridge Group, Inc. (NYSE: DBRG) is being sold to SoftBank Group Corp. for $16 per share in cash, and Halper Sadeh may seek increased compensation and disclosures for shareholders to ensure transaction transparency.
- Flushing Financial Transaction Investigation: Flushing Financial Corp. (NASDAQ: FFIC) is selling for 0.85 shares of OceanFirst stock per share of Flushing common stock, with Halper Sadeh assessing the impact of this deal on shareholder rights to ensure their interests are protected.
Analyst Views on DBRG
Wall Street analysts forecast DBRG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for DBRG is 16.00 USD with a low forecast of 16.00 USD and a high forecast of 16.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
8 Analyst Rating
2 Buy
6 Hold
0 Sell
Hold
Current: 15.350
Low
16.00
Averages
16.00
High
16.00
Current: 15.350
Low
16.00
Averages
16.00
High
16.00
About DBRG
DigitalBridge Group, Inc. is a global investment manager in digital infrastructure, deploying and managing capital across the digital ecosystem, including data centers, cell towers, fiber networks, small cells, and edge infrastructure. Its investment management platform is anchored by its value-added funds within the DigitalBridge Partners (DBP) infrastructure equity series. Its investment offerings also include core equity, credit and liquid securities. The DBP series of funds focuses on value-added digital infrastructure, investing in and building businesses across the digital infrastructure sector. Core Equity invests in digital infrastructure businesses and assets with long-duration cash flow profiles, primarily in more developed geographies, through its Strategic Assets Fund (SAF). DigitalBridge Credit is a private credit strategy that delivers credit solutions to corporate borrowers in the digital infrastructure sector globally through credit financing products.
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.
