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Kuehn Law Encourages GRDI, ALE, HTLF, and MGRC Investors to Contact Law Firm
ALEALLETE(ALE) Newsfilter·2024-06-28 12:19

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 67.00pershareincash[1].HeartlandFinancialwillbeacquiredbyUMBFinancialCorporation,witheachHeartlandshareexchangedfor0.55UMBshares,resultinginHeartlandstockholdersowningapproximately3167.00 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].