Core Viewpoint - Monteverde & Associates PC is investigating ALLETE, Inc. regarding its proposed merger with a partnership led by Canada Pension Plan Investment Board and Global Infrastructure Partners, offering ALLETE stockholders $67.00 per share in cash [1]. Group 1: Company Overview - Monteverde & Associates PC is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report and has a successful track record in recovering money for shareholders [1][3]. - The firm operates from the Empire State Building in New York City and specializes in class action securities litigation [3]. Group 2: Merger Details - ALLETE, Inc. stockholders will receive $67.00 per share for each share of common stock owned as of the closing of the transaction [1]. - A shareholder vote regarding the merger is scheduled for August 21, 2024 [1].

NEW YORK, July 20, 2024 (GLOBE NEWSWIRE) -- Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and is investigating ALLETE, Inc. (NYSE: ALE), relating to its proposed merger with a partnership led by Canada Pension Plan Investment Board and Global Infrastructure Partners. Under the terms of the agreemen ...

Core Insights - Kuehn Law is investigating potential claims related to proposed mergers involving GRIID Infrastructure, Inc., ALLETE, Inc., Heartland Financial, and McGrath RentCorp, focusing on whether the boards acted to maximize shareholder value and disclosed material information [1][2]. Group 1: Mergers and Acquisitions - GRIID Infrastructure, Inc. is set to merge with CleanSpark, Inc., with GRIID shareholders receiving CleanSpark common stock based on a specific exchange ratio [1]. - ALLETE, Inc. has agreed to sell to Canada Pension Plan Investment Board and Global Infrastructure Partners for $67.00 per share in cash [1]. - Heartland Financial will be acquired by UMB Financial Corporation, with each Heartland share exchanged for 0.55 UMB shares, resulting in Heartland stockholders owning approximately 31% of the combined company [2]. - McGrath RentCorp is being acquired by WillScot Mobile Mini Holdings Corp. for $123.00 in cash or 2.8211 shares of WillScot common stock for each share of McGrath [2]. Group 2: Shareholder Engagement - Kuehn Law emphasizes the importance of shareholder participation in ensuring the integrity and fairness of financial markets, encouraging shareholders to voice their concerns [3]. - Shareholders are advised to act promptly regarding their legal rights, as Kuehn Law covers all case costs and does not charge its clients [4].

NEW YORK, June 24, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and is investigating ALLETE, Inc. (NYSE: ALE), relating to its proposed merger with a partnership led by Canada Pension Plan Investment Board and Global Infrastructure Partners. Under the terms of the agreement, A ...

The North Plains Connector transmission line will more than double the transfer capacity between the eastern and western U.S. electric grids, providing PGE access to new, diverse resources and bolstering reliability for customers. PORTLAND, Ore., May 28, 2024 /PRNewswire/ -- Portland General Electric (NYSE: POR) today signed a non-binding memorandum of understanding with Grid United and ALLETE, Inc. (NYSE: ALE) in the development of the North Plains Connector, an approximately 415-mile high-voltage direct-c ...

NEW YORK, May 14, 2024 (GLOBE NEWSWIRE) -- Kuehn Law, PLLC, a shareholder litigation law firm, is investigating potential claims related to the below-listed proposed mergers. Kuehn Law may seek additional disclosures or other relief on behalf of the shareholders of these companies. Kuehn Law is investigating whether the Boards of the below companies 1) acted to maximize shareholder value, 2) failed to disclose material information, and 3) conducted a fair process: SQSP has entered into a definitive merger a ...

NEW YORK, May 09, 2024 (GLOBE NEWSWIRE) -- Kuehn Law, PLLC, a shareholder litigation law firm, is investigating potential claims related to the below-listed proposed mergers. Kuehn Law may seek additional disclosures or other relief on behalf of the shareholders of these companies. Kuehn Law is investigating whether the Boards of the below companies 1) acted to maximize shareholder value, 2) failed to disclose material information, and 3) conducted a fair process: Lesaka Technologies has agreed to merge wit ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended March 31, 2024 or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from ______________ to ______________ Commission File Number 1-3548 ALLETE, Inc. (Exact name of registrant as specified in its charter) Minnesota 41-0418150 (State ...

Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today:Allete (ALE) is an energy company. The Zacks Consensus Estimate for its current year earnings has been revised 9.4% downward over the last 60 days.ASGN (ASGN) is aprovider IT and professional services in the technology, digital, creative, engineering and life sciences fields across commercial and government sectors. The Zacks Consensus Estimate for its current year earnings has been revised 9.3% downward over the last 60 days.BrightSp ...

Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today:Academy Sports and Outdoors, Inc. (ASO) is a sporting goods retailer. The Zacks Consensus Estimate for its current year earnings has been revised 8.9% downward over the last 60 days.ALLETE, Inc. (ALE) is an energy company. The Zacks Consensus Estimate for its current year earnings has been revised 7.4% downward over the last 60 days.Alpha Metallurgical Resources, Inc. (AMR) is a mining company. The Zacks Consensus Estimate for its cur ...