Kaskela Law LLC Announces Stockholder Investigation of Gores Holdings III, Inc. (GRSH)
PHILADELPHIA, Dec. 16, 2019 (GLOBE NEWSWIRE) -- Kaskela Law LLC announces that it is investigating Gores Holdings III, Inc. ("Gores" or the "Company") (NASDAQ:GRSH) on behalf of the Company's stockholders.
Gores stockholders who purchased shares of the Company's stock prior to November 1, 2019 are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq.) at (888) 715 – 1740, or via skaskela@kaskelalaw.com, to discuss this investigation and their legal rights and options. Additional information may also be requested at http://kaskelalaw.com/case/gores-holdings/.
On November 1, 2019, Gores announced that it had entered into an agreement and plan of merger with PAE. According to the merger agreement, Gores will be assuming over $500 million of PAE's indebtedness in connection with the proposed transaction, and the aggregate purchase price to be paid by Gores to acquire PAE "is expected to be approximately $1.4 billion."
The investigation seeks to determine whether the proposed transaction with PAE as structured is fair to Gores stockholders, and whether stockholders are being provided with all material information necessary to evaluate and vote on the proposed transaction with PAE.
Kaskela Law LLC represents investors in securities fraud, corporate governance, and merger & acquisition litigation. For additional information about Kaskela Law LLC please visit www.kaskelalaw.com. This notice may constitute attorney advertising in certain jurisdictions.
CONTACT:
D. Seamus Kaskela, Esq.
KASKELA LAW LLC
18 Campus Blvd., Suite 100
Newtown Square, PA 19073
(484) 258 – 1585
(888) 715 – 1740
www.kaskelalaw.com
