U.S. SILICA INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of U.S. Silica Holdings, Inc. - SLCA
Provided By PR Newswire
Last update: Jun 14, 2024
NEW ORLEANS, June 14, 2024 /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 U.S. Silica Holdings, Inc. (NYSE: SLCA) to affiliates of Apollo (NYSE: APO). Under the terms of the proposed transaction, shareholders of U.S. Silica will receive $15.50 in cash for each share of U.S. Silica 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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