NEW YORK, NY / ACCESSWIRE / June 22, 2021 / The following statement is being issued by Levi & Korsinsky, LLP:
Levi & Korsinsky, LLP announces that investigations have commenced on behalf of shareholders of the following publicly-traded companies.
Home Group Inc. (NYSE:HOME)
Merger Announcement: June 16, 2021
Transaction Details: Under the terms of the revised merger agreement, H&F will acquire all outstanding shares of At Home for $37.00 per share in cash.
To learn more about the HOME investigation and your rights, go to:
https://www.zlk.com/mna2/at-home-group-inc-information-request-form
Magnachip Semiconductor Corporation (NYSE:MX)
Agreement Announcement: March 25, 2021
Transaction Details: Under the terms of the merger agreement, Magnachip shareholders will receive $29.00 in cash per share they own.
The Magnachip merger investigation concerns whether the Board of Magnachip has breached its fiduciary duties in connection with the deal. In particular, on June 11, 2021, Magnachip announced that it had received an unsolicited proposal from Cornucopia Investment Partners on behalf of itself and a group of investors, including financial sponsors led by Mr. Tim Crown, Yango financial holdings, Sino-Rock Investment Management Company Limited and Lombarda China Fund, to acquire all of the outstanding shares of Magnachip common stock for $35.00 per share in cash. Market observers have noted that this latest bid offers significantly greater value than the Wise Road deal. Nevertheless, the Magnachip Board has not terminated the Wise Road transaction, or even recognized the subsequent proposal as a superior offer.
To learn more about the CLA investigation and your rights, go to:
https://www.zlk.com/mna2/magnachip-semiconductor-corporation-information-request-form
Levi & Korsinsky is a nationally recognized firm with offices in New York, Connecticut, California, and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
[email protected]
55 Broadway, 10th Floor
New York, NY 10006
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
SOURCE: Levi & Korsinsky, LLP