Is Altus Power's $5 Per Share Sale Price Fair? Johnson Fistel Investigates Deal Terms
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 31 2025
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Source: Globenewswire
Investigation Announcement: Johnson Fistel, PLLP has launched an investigation into the board members of Altus Power, Inc. regarding potential breaches of fiduciary duties related to the company's proposed sale to TPG for $5.00 per share.
Shareholder Concerns: The investigation will assess whether the board adequately considered all strategic options and acted in shareholders' best interests, especially given that Altus Power's stock has historically traded at higher prices, raising questions about the fairness of the sale price.
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.
