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NEW YORK, July 22, 2019 (GLOBE NEWSWIRE) -- The following statement is being issued by Levi & Korsinsky, LLP:
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To: All Persons or Entities who purchased Peak Resorts, Inc. ("Peak Resorts" or the "Company") (NASDAQGM: SKIS) stock prior to July 22, 2019.
You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Peak Resorts to Vail Resorts, Inc. ("Vail Resorts") (NYSE:MTN). Under the terms of the deal, Vail Resorts will acquire all outstanding shares of common stock of Peak Resorts for $11.00 per share in cash. To learn more about the action and your rights, go to:
https://www.zlk.com/mna/peak-resorts-inc
or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500. There is no cost or obligation to you.
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The Peak Resorts merger investigation concerns whether the Board of Peak Resorts breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Vail Resorts is underpaying for Peak Resorts shares, thus unlawfully harming Peak Resorts shareholders.
Levi & Korsinsky is a national 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.
55 Broadway, 10th Floor
New York, NY 10006
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.