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REDWIRE INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of Redwire Corporation - RDW

1. Investigation into Redwire's merger with Edge Autonomy is underway. 2. Merger involves $150 million cash and $775 million in Redwire shares. 3. Inquiry focuses on fairness for Redwire's minority shareholders.

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$21.2401/24 05:21 PM EDTLatest Updated
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FAQ

Why Bearish?

Concerns about the merger process may impact investor confidence, similar to past scrutiny cases.

How important is it?

The article addresses a significant corporate action involving Redwire, affecting investor sentiment.

Why Short Term?

Immediate market reactions expected as the investigation unfolds, historically significant in merger cases.

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RDW
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 merger of Redwire Corporation (NYSE: RDW) and Edge Autonomy. Pursuant to the terms of the agreement, Redwire will pay the purchase price for the acquisition of Edge Autonomy in a combination of $150 million in cash and $775 million in shares of Redwire common stock. KSF is seeking to determine whether the merger and the process that led to it are adequate, or whether the merger is fair to Redwire minority shareholders. If you would like to discuss your legal rights regarding the proposed transaction, 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-rdw/ to learn more. To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.

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