B Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Barnes Group Inc. Is Fair to Shareholders

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NEW YORK--(BUSINESS WIRE)--Oct 7, 2024--

Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Barnes Group Inc. (NYSE: B) to funds managed by affiliates of Apollo Global Management, Inc. for $47.50 per share in cash is fair to Barnes shareholders.

Halper Sadeh encourages Barnes shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or [email protected] or [email protected].

The investigation concerns whether Barnes and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for Barnes shareholders; (2) determine whether Apollo is underpaying for Barnes; and (3) disclose all material information necessary for Barnes shareholders to adequately assess and value the merger consideration.

On behalf of Barnes shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits. We would handle the action on a contingent fee basis, whereby you would not be responsible for out-of-pocket payment of our legal fees or expenses.

Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.

Attorney Advertising. Prior results do not guarantee a similar outcome.

View source version on businesswire.com:https://www.businesswire.com/news/home/20241007831175/en/

CONTACT: Halper Sadeh LLC

Daniel Sadeh, Esq.

Zachary Halper, Esq.

(212) 763-0060

[email protected]

[email protected]

https://www.halpersadeh.com

KEYWORD: NEW YORK UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: CLASS ACTION LAWSUIT PROFESSIONAL SERVICES LEGAL

SOURCE: Halper Sadeh LLC

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PUB: 10/07/2024 08:11 AM/DISC: 10/07/2024 08:12 AM

http://www.businesswire.com/news/home/20241007831175/en