Provided By PR Newswire
Last update: Mar 29, 2022
NEW YORK, March 28, 2022 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Neenah, Inc. (NYSE: NP) and its board of directors concerning the proposed acquisition of the company by Schweitzer-Mauduit International, Inc. (NYSE: SWM). Stockholders will receive 1.358 shares of Schweitzer-Mauduit International common stock for each share of Neenah stock that they hold. Neenah stockholders are expected to own approximately 42% of the combined company. The transaction is expected to close in the second half of 2022.
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