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Johnson Fistel Investigates Fairness of Proposed Sale of Chart Industries

1. Baker Hughes to acquire Chart Industries for $210 per share. 2. Investigation into potential fiduciary breaches by Chart Industries' board announced. 3. Some analysts value Chart Industries at $250, indicating undervaluation. 4. Shareholder concerns arise over the buyout price being too low. 5. Johnson Fistel promotes investigation participation for aggrieved shareholders.

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Why Bullish?

The investigation signals potential negotiation or strategic adjustments relating to BKR. Historical examples show investor dissent can lead to improved M&A terms.

How important is it?

The likelihood of revaluation in terms may impact BKR significantly due to merger dynamics. Market reactions to similar situations often influence stock prices substantially.

Why Short Term?

Short-term impact due to immediate shareholder reactions and potential renegotiation of terms. Previous M&A negotiations have shown quick shifts in market sentiment.

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SAN DIEGO, July 29, 2025 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, PLLP has launched an investigation into whether the board members of Chart Industries, Inc. (NYSE: GTLS) breached their fiduciary duties in connection with the proposed sale of the Company to Baker Hughes (NASDAQ: BKR). Background: • On July 29, 2025, Chart Industries and Baker Hughes announced a definitive merger agreement under which Baker Hughes will acquire all outstanding shares of Chart Industries for $210 in cash. • Meanwhile, Chart Industries has strong near-term earnings and revenue projections, and at least one equity analyst still values the company at $250.00 per share, which is significantly higher than the price being paid in the proposed buyout. If you own Chart Industries shares and believe this proposed deal grossly undervalues your investment, please consider joining our investigation. To participate or learn more, you can click or copy and paste the following link to join this investigation: https://www.johnsonfistel.com/investigations/chart-industries-inc If you are a shareholder of Chart Industries and believe the proposed buyout price is too low or you're interested in learning more about the investigation, please contact lead analyst Jim Baker (jimb@johnsonfistel.com) at 619-814-4471. If emailing, please include a phone number. About Johnson Fistel, PLLP | Top Law Firm, Securities Fraud, Investors Rights:Johnson Fistel, PLLP is a nationally recognized shareholder rights law firm with offices in California, New York, Georgia, Idaho, and Colorado. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. We also extend our services to foreign investors who have purchased on US exchanges. Stay updated with news on stock drops and learn how Johnson Fistel, PLLP can help you recover your losses. For more information about the firm and its attorneys, please visit http://www.johnsonfistel.com. Achievements: In 2024, Johnson Fistel was honored to be ranked in the Top 10 Plaintiff Law Firms by the ISS Securities Class Action Services. This recognition underscores our effectiveness in advocating for investors, having recovered approximately $90,725,000 for aggrieved clients in cases where we served as lead or co-lead counsel. This notable accomplishment marks the eighth occasion our firm has been recognized as a top plaintiffs’ securities law firm in the United States, as determined by the total dollar value of final recoveries. Attorney advertising.Past results do not guarantee future outcomes.Services may be performed by attorneys in any of our offices.Johnson Fistel, PLLP, has paid for the dissemination of this promotional communication, and Frank J. Johnson is the attorney responsible for its content. Contact: Johnson Fistel, PLLP501 W. Broadway, Suite 800, San Diego, CA 92101James Baker, Investor Relations or Frank J. Johnson, Esq., (619) 814-4471jimb@johnsonfistel.com or fjohnson@johnsonfistel.com

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