Shareholder Alert: Ademi & O'Reilly, LLP Investigates whether Peak Resorts, Inc. has obtained a Fair Price in its sale to Vai...

Date : 07/22/2019 @ 6:15PM
Source : PR Newswire (US)
Stock : Peak Resorts Inc (SKIS)
Quote : 11.0  0.0 (0.00%) @ 12:00AM
Peak Resorts share price Chart

Shareholder Alert: Ademi & O'Reilly, LLP Investigates whether Peak Resorts, Inc. has obtained a Fair Price in its sale to Vai...

Peak Resorts (NASDAQ:SKIS)
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1 Year : From Mar 2019 to Mar 2020

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MILWAUKEE, July 22, 2019 /PRNewswire/ -- Ademi & O'Reilly, LLP is investigating Peak Resorts (Nasdaq: SKIS) for possible breaches of fiduciary duty and other violations of the law in connection with the sale of Peak Resorts to Vail Resorts.

Click here to learn how to join the action: http://ademilaw.com/case/peak or call Guri Ademi toll-free at 866-264-3995.  There is no cost or obligation to you.

Ademi & O'Reilly, LLP alleges Peak Resorts' financial outlook is improving and yet shareholders will receive only $11.00 per share for each share of Peak Resorts common stock they own.  Vail Resorts is acquiring Peak Resorts at a substantial discount.  The merger agreement unreasonably limits competing bids for Peak Resorts by prohibiting solicitation of further bids, and imposing a termination penalty if Peak Resorts accepts a superior bid. Peak Resorts insiders will receive millions of dollars as part of change of control arrangements. We are investigating on the conduct of Peak Resorts' board of directors, and whether they are (i) fulfilling their fiduciary duties to all shareholders, and (ii) obtaining a fair and reasonable price for Peak Resorts.

If you own common stock in Peak Resorts and wish to obtain additional information, please contact Guri Ademi either at gademi@ademilaw.com or toll-free: 866-264-3995, or http://ademilaw.com/case/peak.                     

We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights throughout the country. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.

Contacts

Ademi & O'Reilly, LLP
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001

Cision View original content:http://www.prnewswire.com/news-releases/shareholder-alert-ademi--oreilly-llp-investigates-whether-peak-resorts-inc-has-obtained-a-fair-price-in-its-sale-to-vail-resorts-inc-300888677.html

SOURCE Ademi & O'Reilly, LLP

Copyright 2019 PR Newswire

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