NEW
YORK, May 26, 2023 /PRNewswire/ -- Jakubowitz
Law announces that a merger investigation has commenced on behalf
of shareholders of Franchise Group, Inc. (NASDAQ: FRG). This
investigation concerns the fairness of the transaction between
Franchise Group and Freedom VCM, Inc. ("Freedom"). On May 11, 2023, the Company announced that it had
entered into an agreement and plan of merger (the "Merger") with
Freedom, a consortium that includes Franchise Group's CEO
Brian Kahn, B. Riley Financial, and
Irradiant Partners. As a result of the Merger, Franchise Group
stockholders are anticipated to receive only $30.00 per share in cash in exchange for each
share of Franchise Group.
To be contacted by a member of our team, fill out the
form:
https://claimyourloss.com/mergeracquisition/franchise-group-inc-information-request-form/
The Franchise Group Merger investigation concerns whether the
executives, directors, and controlling stockholders of Franchise
Group have harmed stockholders by causing the Company to agree to
the Merger, and whether all material facts have been properly
disclosed to stockholders.
Jakubowitz Law is vigorous in pursuit of justice for
shareholders who have been the victim of securities fraud. Attorney
advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (628) 895-0423
F: (212) 537-5887
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SOURCE Jakubowitz Law
