SAN DIEGO, March 14, 2024 (GLOBE NEWSWIRE) -- Shareholder rights law firm Robbins LLP informs investors it is investigating the acquisition of HireRight Holdings Corp. (NYSE: HRT) by investment funds affiliated with General Atlantic, L.P. and Stone Point Capital LLC (the "Sponsers"). Under the terms of the agreement, the Sponsers will acquire all the outstanding shares they do not already own for $14.35 per share in cash.
If you own shares of HireRight Holdings Corp. click here.
Is the Proposed Acquisition Best for HireRight Holdings Corp. (HRT) and its Shareholders?
On February 16, 2024, HireRight announced a deal to be acquired by the Sponsers. According to the Proxy Statement, HireRight's board of directors approved the merger agreement for $14.35 per share in cash. The deal is valued at approximately $1.65 billion and is expected to close mid-2024. Robbins LLP is concerned that HireRight's board of directors engaged in an unfair process and agreed to an unfair amount to be paid to shareholders.
Next Steps: If you own shares of HireRight Holdings Corp. (HRT) you have legal options. Contact us to learn more about your legal rights.
All representation is on a contingency fee basis. Shareholders pay no fees or expenses.
Contact us to learn more:
Aaron Dumas, Jr.
(800) 350-6003
adumas@robbinsllp.com
Shareholder Information Form
About Robbins LLP: A recognized leader in shareholder rights litigation, the attorneys and staff of Robbins LLP have been dedicated to helping shareholders recover losses, improve corporate governance structures, and hold company executives accountable for their wrongdoing since 2002. Since our inception, we have obtained over $1 billion in value for shareholders. To be notified if a class action against HireRight Holdings Corp. settles or to receive free alerts when corporate executives engage in wrongdoing, sign up for Stock Watch today.
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Contact:
Aaron Dumas, Jr.
Robbins LLP
5060 Shoreham Place, Suite 300
San Diego, CA 92122
adumas@robbinsllp.com
(800) 350-6003
www.robbinsllp.com
