MERGER INVESTIGATION: Kaskela Law LLC Announces Investigation into Fairness of the Proposed Buyout of Carrols Restaurant Group, Inc. (NASDAQ: TAST) Shareholders for $9.55 Per Share
Carrols Restaurant Group, Inc. (TAST)
Last carrols restaurant group, inc. earnings: 2/25 07:00 am
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US:NASDAQ Investor Relations:
investor.carrols.com/investor-relations
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Source: GlobeNewswire
PHILADELPHIA, March 18, 2024 (GLOBE NEWSWIRE) -- Kaskela Law LLC announces that it is investigating Carrols Restaurant Group, Inc. (NASDAQ: TAST) (“Carrols”) on behalf of the company’s shareholders. On January 16, 2024, Carrols announced that it had agreed to be acquired by Restaurant Brands International Inc. at a price of $9.55 per share in cash. Following the closing of the proposed transaction, Carrols’ shareholders will be cashed out of their investment position and the company’s shares will no longer be publicly traded. The investigation thus far has revealed that the process leading up to the announcement of the merger appears to have significant conflicts of interest, thus making the sales process as well as the consideration appear unfair to the company’s shareholders. Notably, immediately prior to the announcement of the proposed transaction, at least one stock analyst was maintaining a price target for Carrols’ shares at $13.00 per share. Carrols shareholders are encou
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News
- Carrols Restaurant Group, Inc. (NASDAQ: TAST) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
- Carrols Restaurant Group, Inc. (NASDAQ: TAST) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
- Traditional Fast Food Stocks Q3 Recap: Benchmarking Carrols (NASDAQ:TAST) [Yahoo! Finance]Yahoo! Finance
- Carrols Restaurant Group, Inc. (NASDAQ: TAST) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
- TAST Alert: Monsey Firm of Wohl & Fruchter Renews Investigation of the Proposed Sale of Carrols Restaurant Group to Restaurant Brands InternationalGlobeNewswire
TAST
Earnings
- 11/9/23 - Beat
TAST
Sec Filings
- 4/19/24 - Form SC
- 4/12/24 - Form SC
- 4/12/24 - Form DEFM14A
- TAST's page on the SEC website