Everbay Capital: Sale price of $2.75 per share for RemainCo is 'significantly insufficient'
Everbay Capital's Concerns: Everbay Capital has expressed significant concerns regarding Golden Entertainment's recent transactions, including the sale of casino real estate to Vici Properties and the sale of casino operations to CEO Blake Sartini.
Inadequate Sale Price: Everbay believes the sale price of $2.75 per share for the RemainCo is insufficient, arguing it undervalues the company's operations and is an opportunistic move by the CEO to acquire the company at a low price.
Impact on Shareholder Value: The firm contends that Golden Entertainment's share price would be higher if the real estate had been sold separately from the RemainCo, suggesting a better outcome for shareholders.
Call for Transparency: Everbay is urging the Board of Directors to provide important disclosures and make changes to the Master Transaction Agreement to improve the situation for shareholders.
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Top High-Yield Stocks: Verizon, Oneok, and More with Annual Growth Over 5%
- Stable Earnings in Clean Energy: Clearway Energy boasts a dividend yield exceeding 5%, ensuring stable cash flow through long-term fixed-rate contracts, with expectations of 7% to 8% annual cash flow per share growth by 2030, supporting ongoing dividend increases.
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- Telecom Giant Expansion Strategy: Verizon's dividend yield exceeds 7%, leveraging the $20 billion acquisition of Frontier to expand its broadband network and enhance cross-selling capabilities, expected to support future dividend growth, having achieved a 19-year growth streak.
Verizon Increases Dividend for 19th Consecutive Year, Oneok Delivers Stable Growth
- Dividend Stability: Verizon has increased its dividend for 19 consecutive years, currently boasting a yield of over 7%, supported by stable wireless and internet revenues that enhance its financial robustness for future dividend growth.
- Long-Term Contract Security: Oneok offers a 5.5% dividend yield, with stable cash flow derived from long-term fixed contracts, reflecting over 25 years of consistent dividend growth backed by a strong financial foundation and expansion capabilities.
- Investment Return Potential: NNN REIT has a dividend yield exceeding 5.5%, with stable rental income from single-tenant properties, allocating 70% of its cash flow to dividends, ensuring long-term investment returns and financial flexibility.
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Halper Sadeh Investigates Axalta's Sale to Akzo Nobel for Shareholder Rights Violations
- Acquisition Investigation: Halper Sadeh LLC is investigating the sale of Axalta Coating Systems Ltd. to Akzo Nobel N.V., where shareholders receive 0.6539 shares of AkzoNobel stock for each Axalta common share, potentially indicating breaches of fiduciary duties to shareholders.
- Shareholder Rights: The investigation aims to ensure that Axalta shareholders' rights are protected, with Halper Sadeh LLC potentially seeking increased compensation or other relief measures to safeguard their interests.
- Legal Support: Halper Sadeh LLC offers legal services on a contingency fee basis, encouraging Axalta shareholders to reach out to discuss their legal rights and options, demonstrating a commitment to shareholder interests.
- Industry Impact: Such investigations may affect Axalta's market reputation and shareholder confidence, reflecting a growing emphasis on protecting shareholder rights in merger and acquisition transactions.
Halper Sadeh LLC Urges Shareholders of GDOT, BLFY, AXTA, and GDEN to Reach Out for Rights Consultation
Investigation of Companies: Halper Sadeh LLC is investigating Green Dot Corporation, Blue Foundry Bancorp, Axalta Coating Systems, and Golden Entertainment for potential violations of federal securities laws and breaches of fiduciary duties related to their recent sales and transactions.
Shareholder Rights: Shareholders of the mentioned companies are encouraged to learn about their rights and options regarding the proposed transactions, with Halper Sadeh LLC offering legal assistance on a contingent fee basis.
Legal Representation: The law firm represents investors globally who have experienced securities fraud and corporate misconduct, aiming to secure increased consideration and additional disclosures for shareholders.
Contact Information: Interested shareholders can contact Halper Sadeh LLC for a free consultation regarding their legal rights and options through phone or email.
BRODSKY & SMITH INVESTOR ALERT: Updates on Investigations Involving Axalta Coating Systems Ltd. (NYSE – AXTA), Green Dot Corporation (NYSE – GDOT), Blue Foundry Bancorp (Nasdaq – BLFY), and Golden Entertainment, Inc (Nasdaq - GDEN)
Investigation Announcements: Brodsky & Smith is reminding investors about ongoing investigations into several companies regarding potential breaches of fiduciary duties by their boards during merger agreements.
Axalta Coating Systems: Axalta is set to be acquired by Akzo Nobel, with concerns raised about whether the deal provides fair value to shareholders and if the board acted in their best interests.
Green Dot Corporation: Green Dot will be acquired by Smith Ventures and CommerceOne Financial, with investigations focusing on the fairness of the deal and the board's fiduciary responsibilities.
Blue Foundry Bancorp and Golden Entertainment: Both companies are involved in merger agreements, with investigations into whether their boards failed to ensure fair processes and valuations for shareholders during these transactions.
Halper Sadeh LLC Urges FRGE, BHF, GDEN Shareholders to Reach Out for Rights Consultation
Investigation of Companies: Halper Sadeh LLC is investigating Forge Global Holdings, Brighthouse Financial, and Golden Entertainment for potential violations of federal securities laws and breaches of fiduciary duties to shareholders related to their recent sales.
Details of Transactions: Forge is being sold to Charles Schwab for $45.00 per share, Brighthouse to Aquarian Capital for $70.00 per share, and Golden Entertainment is selling assets with a fixed exchange ratio and cash payment to shareholders.
Legal Rights for Shareholders: Shareholders of the involved companies are encouraged to contact Halper Sadeh LLC to discuss their legal rights and options regarding the proposed transactions.
Contingent Fee Basis: The law firm operates on a contingent fee basis, meaning shareholders will not incur out-of-pocket legal fees unless the case is successful.
Top High-Yield Stocks: Verizon, Oneok, and More with Annual Growth Over 5%
- Stable Earnings in Clean Energy: Clearway Energy boasts a dividend yield exceeding 5%, ensuring stable cash flow through long-term fixed-rate contracts, with expectations of 7% to 8% annual cash flow per share growth by 2030, supporting ongoing dividend increases.
- REIT Stability Advantage: NNN REIT offers a dividend yield over 5.5%, generating stable rental income from single-tenant, triple-net-leased properties, having increased dividends for 36 consecutive years, showcasing strong financial flexibility and investment potential.
- Pipeline Industry Growth Potential: Oneok has a 5.5% dividend yield, supported by long-term contracts and government-regulated revenue structures, enabling over 25 years of dividend stability, with plans for 3% to 4% annual growth in the future.
- Telecom Giant Expansion Strategy: Verizon's dividend yield exceeds 7%, leveraging the $20 billion acquisition of Frontier to expand its broadband network and enhance cross-selling capabilities, expected to support future dividend growth, having achieved a 19-year growth streak.
Verizon Increases Dividend for 19th Consecutive Year, Oneok Delivers Stable Growth
- Dividend Stability: Verizon has increased its dividend for 19 consecutive years, currently boasting a yield of over 7%, supported by stable wireless and internet revenues that enhance its financial robustness for future dividend growth.
- Long-Term Contract Security: Oneok offers a 5.5% dividend yield, with stable cash flow derived from long-term fixed contracts, reflecting over 25 years of consistent dividend growth backed by a strong financial foundation and expansion capabilities.
- Investment Return Potential: NNN REIT has a dividend yield exceeding 5.5%, with stable rental income from single-tenant properties, allocating 70% of its cash flow to dividends, ensuring long-term investment returns and financial flexibility.
- Clean Energy Outlook: Clearway Energy's dividend yield is over 5%, with expectations of 7% to 8% compound annual cash flow growth per share through 2030, providing robust support for continued dividend increases.
Halper Sadeh Investigates Axalta's Sale to Akzo Nobel for Shareholder Rights Violations
- Acquisition Investigation: Halper Sadeh LLC is investigating the sale of Axalta Coating Systems Ltd. to Akzo Nobel N.V., where shareholders receive 0.6539 shares of AkzoNobel stock for each Axalta common share, potentially indicating breaches of fiduciary duties to shareholders.
- Shareholder Rights: The investigation aims to ensure that Axalta shareholders' rights are protected, with Halper Sadeh LLC potentially seeking increased compensation or other relief measures to safeguard their interests.
- Legal Support: Halper Sadeh LLC offers legal services on a contingency fee basis, encouraging Axalta shareholders to reach out to discuss their legal rights and options, demonstrating a commitment to shareholder interests.
- Industry Impact: Such investigations may affect Axalta's market reputation and shareholder confidence, reflecting a growing emphasis on protecting shareholder rights in merger and acquisition transactions.
Halper Sadeh LLC Urges Shareholders of GDOT, BLFY, AXTA, and GDEN to Reach Out for Rights Consultation
Investigation of Companies: Halper Sadeh LLC is investigating Green Dot Corporation, Blue Foundry Bancorp, Axalta Coating Systems, and Golden Entertainment for potential violations of federal securities laws and breaches of fiduciary duties related to their recent sales and transactions.
Shareholder Rights: Shareholders of the mentioned companies are encouraged to learn about their rights and options regarding the proposed transactions, with Halper Sadeh LLC offering legal assistance on a contingent fee basis.
Legal Representation: The law firm represents investors globally who have experienced securities fraud and corporate misconduct, aiming to secure increased consideration and additional disclosures for shareholders.
Contact Information: Interested shareholders can contact Halper Sadeh LLC for a free consultation regarding their legal rights and options through phone or email.
BRODSKY & SMITH INVESTOR ALERT: Updates on Investigations Involving Axalta Coating Systems Ltd. (NYSE – AXTA), Green Dot Corporation (NYSE – GDOT), Blue Foundry Bancorp (Nasdaq – BLFY), and Golden Entertainment, Inc (Nasdaq - GDEN)
Investigation Announcements: Brodsky & Smith is reminding investors about ongoing investigations into several companies regarding potential breaches of fiduciary duties by their boards during merger agreements.
Axalta Coating Systems: Axalta is set to be acquired by Akzo Nobel, with concerns raised about whether the deal provides fair value to shareholders and if the board acted in their best interests.
Green Dot Corporation: Green Dot will be acquired by Smith Ventures and CommerceOne Financial, with investigations focusing on the fairness of the deal and the board's fiduciary responsibilities.
Blue Foundry Bancorp and Golden Entertainment: Both companies are involved in merger agreements, with investigations into whether their boards failed to ensure fair processes and valuations for shareholders during these transactions.
Halper Sadeh LLC Urges FRGE, BHF, GDEN Shareholders to Reach Out for Rights Consultation
Investigation of Companies: Halper Sadeh LLC is investigating Forge Global Holdings, Brighthouse Financial, and Golden Entertainment for potential violations of federal securities laws and breaches of fiduciary duties to shareholders related to their recent sales.
Details of Transactions: Forge is being sold to Charles Schwab for $45.00 per share, Brighthouse to Aquarian Capital for $70.00 per share, and Golden Entertainment is selling assets with a fixed exchange ratio and cash payment to shareholders.
Legal Rights for Shareholders: Shareholders of the involved companies are encouraged to contact Halper Sadeh LLC to discuss their legal rights and options regarding the proposed transactions.
Contingent Fee Basis: The law firm operates on a contingent fee basis, meaning shareholders will not incur out-of-pocket legal fees unless the case is successful.
