Milwaukee, September 28th / PRNewswire / -- Ademi LLP indicates that an investigation is underway to determine whether the proposed acquisition of Lifecore (Nasdaq ticker: LFCR) by Webster Equity Partners provides fair value to the public shareholders of Lifecore, and whether the board of directors of Lifecore adequately protected the interests of shareholders during the negotiation and approval of the transaction.

Lifecore Shareholders will receive compensation of only $6.28 per share, with the valuation of this transaction reaching up to $663.7 million.

Are you a shareholder of Lifecore?

If you hold Lifecore shares, Ademi LLP would like to hear your views on this proposed acquisition and your rights as a shareholder.

You can also contact Guri Ademi via email at [email protected], or call the toll-free number 866-264-3995.

You do not need to bear any costs or obligations.

Ademi LLP is investigating what?

• The stock exchange ratio, and whether this ratio fully reflects the value and future prospects of Lifecore.
• Large-scale control rights changes that are related to transactions and can be obtained by insiders of Lifecore;
• Restrictions on competitive bidding, including high termination fees that may prevent other potential buyers from making more favorable offers;
• The behavior of the board of directors in negotiating and approving the transaction, as well as whether the board of directors has fulfilled its duties to the public shareholders.

What should shareholders do? (BJW_KEEP_00001)

Please contact Ademi LLP to discuss your rights and our investigation. You do not need to bear any costs or obligations.

Guri Ademi

About Ademi LLP

Ademi LLP represents investors in handling shareholder litigation involving mergers and acquisitions, privatizations, and the rights of individual shareholders.

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