Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Smart & Final Stores, Inc. (NYSE: SFS) to certain funds managed by Apollo Global Management, LLC. Under the terms of the agreement, Smart & Final shareholders will receive $6.50 per share. TEDITIEIODIODIDOD
The Smart & Final merger investigation concerns whether the Board of Smart & Final breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Apollo Global Management, LLC is underpaying for Smart & Final shares, thus unlawfully harming Smart & Final shareholders.
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