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GMS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of GMS Inc. - GMS

1. GMS Inc. is proposed to be sold to SRS Distribution for $110 per share. 2. KSF is investigating if the sale undervalues GMS based on shareholder feedback. 3. The transaction is structured as a tender offer requiring timely decisions. 4. Shareholders are encouraged to contact KSF if they believe in undervaluation. 5. The investigation is led by former Louisiana Attorney General Charles C. Foti, Jr.

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FAQ

Why Neutral?

While the cash offer seems solid, the ongoing investigation may create uncertainty. Previous instances of investigations into M&A deals often resulted in price fluctuations depending on findings.

How important is it?

The article directly discusses a significant M&A process involving GMS, affecting its value and stock price.

Why Short Term?

The immediate implications stem from the company's response to the investigation and shareholder reactions. Historical cases show market reactions to such news occur quickly as tender offers are time-sensitive.

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NEW YORK CITY & 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 sale of GMS Inc. (NYSE: GMS) to SRS Distribution. Under the terms of the proposed transaction, shareholders of GMS will receive $110.00 in cash for each share of GMS that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.

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 (lewis.kahn@ksfcounsel.com) toll free at any time at 855-768-1857, or visit https://www.ksfcounsel.com/cases/nyse-gms/ to learn more.

Please note that the transaction is structured as a tender offer, such that time may be of the essence.

To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.

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