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0.00563909774436089 -0.00187969924812026 0.00250626566416035 0.00281954887218034 0.00563909774436089 0.00532581453634091 0.0050125313283207 0.00720551378446105
Stock impact report

STER Alert: Monsey Firm of Wohl & Fruchter Investigating Proposed Sale of Sterling Check Corp. to First Advantage Corporation

Sterling Check Corp. (STER) 
Company Research Source: GlobeNewswire
MONSEY, N.Y., March 06, 2024 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the proposed sale of Sterling Check Corp. (Nasdaq: STER) (“Sterling”) to First Advantage Corporation (“FAC”) for cash and stock valued at approximately $16.73 per share. Under the terms of the transaction, Sterling shareholders can elect to receive either $16.73 per share in cash or 0.979 shares of FAC common stock for each Sterling share, subject to proration. Certain entities advised by or affiliated with Goldman Sachs & Co. LLC. (“Goldman”) presently own approximately 52.8% of Sterling’s outstanding shares. Yet, Goldman served as one of Sterling’s financial advisors for the deal, which posed a potential conflict. If you remain a Sterling shareholder and have concerns about the transaction, you may contact our firm at the following link to discuss your legal rights at no charge: https://wohlfruchter.com/cases/sterling-check-corp/ Alternatively, you may contact us by phone at 8 Show less Read more
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