NEW YORK & NEW ORLEANS–(BUSINESS WIRE)–Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed asset sale of SK hynix NAND Product Solutions Corp. d/b/a Solidigm (the “Company”) to SK hynix Inc. On January 28, SK hynix announced in a regulatory filing that it will acquire an additional 10 billion shares of its U.S. semiconductor sales and R&D subsidiary, SK hynix NAND Product Solutions, for 14.428 trillion won. After the acquisition, its ownership stake will reach 100%. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the transaction is fair to SK hynix NAND Product Solutions Corp’s shareholders.
If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn ([email protected]) toll free at any time at 855-768-1857, or visit https://www.ksfcounsel.com/cases/skhynixnand/ to learn more.
To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.
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Contacts
Kahn Swick & Foti, LLC
Lewis S. Kahn, Managing Partner
[email protected]
855-768-1857
1100 Poydras St., Suite 960
New Orleans, LA 70163
