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SHAREHOLDER ALERT: WeissLaw LLP Reminds DISCA, FCBP, FOE, and MSGN Shareholders About Its Ongoing Investigations

by GlobeNewswire
June 23, 2021
in Top News
Reading Time: 3 mins read

NEW YORK, June 23, 2021 (GLOBE NEWSWIRE) —

If you own shares in any of the companies listed above and
would like to discuss our investigations or have any questions concerning
this notice or your rights or interests, please contact:

Joshua Rubin, Esq.
WeissLaw LLP
1500 Broadway, 16th Floor
New York, NY 10036
(212) 682-3025
(888) 593-4771
stockinfo@weisslawllp.com

Discovery Inc. (NASDAQ: DISCA, DISCB, DISCK)

WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Discovery Inc. (NASDAQ: DISCA, DISCB, DISCK) (“Discovery”) in connection with the company’s agreement with AT&T Inc. (“AT&T”) to combine WarnerMedia’s entertainment, sports and news assets with Discovery’s nonfiction and international entertainment and sports businesses to create a standalone entertainment company. AT&T’s shareholders will receive stock representing 71% of the new company with Discovery shareholders owning 29% of the new company. If you own DISCA, DISCB or DISCK shares and wish to discuss this investigation or your rights, please call us or visit our website: http://www.weisslawllp.com/DISCA-DISCB-DISCK/

First Choice Bancorp (NASDAQ: FCBP)

WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of First Choice Bancorp (NASDAQ: FCBP) in connection with the proposed acquisition of the company by Enterprise Financial Services Corp (“Enterprise”). Pursuant to the merger agreement, FCBP shareholders will receive 0.6603 shares of Enterprise common stock for each FCBP share that they own, representing implied per-share merger consideration of $31.34 based upon Enterprise’s June 22, 2021 closing price of $47.47. If you own FCBP shares and wish to discuss this investigation or your rights, please call us or visit our website: https://weisslawllp.com/fcbp/  

Ferro Corporation (NYSE: FOE)

WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Ferro Corporation (NYSE: FOE) in connection with the proposed acquisition of the company by Prince International Corporation, a portfolio company of American Securities, LLC. Pursuant to the merger agreement, the company’s shareholders will receive only $22.00 per share in cash for each share of FOE common stock that they hold. If you own FOE shares and wish to discuss this investigation or your rights, please call us or visit our website: https://weisslawllp.com/foe/

MSG Networks Inc. (NYSE: MSGN)

WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of MSG Networks Inc. (NYSE: MSGN) in connection with the proposed acquisition of the company by Madison Square Garden Entertainment Corp. (“MSGE”). Under the terms of the merger agreement, MSGN shareholders will receive 0.172 shares of MSGE for each share of MSGN common stock that they hold, representing implied per-share merger consideration of $14.84 based upon MSGE’s June 22, 2021 closing price of $86.28. If you own MSGN shares and wish to discuss this investigation or your rights, please call us or visit our website: https://weisslawllp.com/msgn/

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GlobeNewswire
GlobeNewswire
GlobeNewswire,is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.
GlobeNewswire
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