SHYF Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of The Shyft Group Is Fair to Shareholders

Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of The Shyft Group (NASDAQ: SHYF) to Aebi Schmidt Group is fair to Shyft shareholders. Under the terms of the proposed transaction, each outstanding share of Shyft common stock will be exchanged for 1.04 shares of the combined company’s common stock. Upon closing, Shyft shareholders will own 48 percent of the combined company.

Halper Sadeh encourages Shyft shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.

The investigation concerns whether Shyft and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for Shyft shareholders; (2) determine whether Aebi Schmidt is underpaying for Shyft; and (3) disclose all material information necessary for Shyft shareholders to adequately assess and value the merger consideration.

On behalf of Shyft shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits. We would handle the action on a contingent fee basis, whereby you would not be responsible for out-of-pocket payment of our legal fees or expenses.

Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.

Attorney Advertising. Prior results do not guarantee a similar outcome.

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