HANGER INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Hanger, Inc. - HNGR
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Last update: Aug 10, 2022
NEW ORLEANS, Aug. 10, 2022 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale of Hanger, Inc. (NYSE: HNGR) to Patient Square Capital. Under the terms of the proposed transaction, shareholders of Hanger will receive only $18.75 in cash for each share of Hanger that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
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