SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation of WSI Industries, Inc. Buyout
WSI INDUSTRIES (WSCI)
US:NASDAQ Investor Relations:
wsiindustries.com/investor-relations
Company Research
Source: Business Wire
WILMINGTON, Del.--(BUSINESS WIRE)-- Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors (“Board”) of WSI Industries, Inc. (“WSI Industries” or the “Company”) (NASDAQ CM: WSCI) related to the Company’s entry into an agreement to be acquired by Polaris Industries Inc. (“Polaris”) (NYSE: PII) in a transaction announced on September 6, 2018 (the “Proposed Transaction”). On September 5, 2018, the Board caused WSI Industries to enter into an agreement and plan of merger (the “Merger Agreement”) with Polaris. Pursuant to the terms of the agreement, shareholders of WSI Industries will receive $7.00 in cash for each share of WSI Industries common stock. On October 2, 2018, WSI Industries filed a definitive proxy statement (“Proxy Statement”) with the United States Securities and Exchange Commission in connection with the Proposed Transaction
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