(WEBR): Johnson Fistel Investigates Proposed Sale of Weber; Are Shareholders Getting a Fair Deal?

San Diego, California--(Newsfile Corp. - December 12, 2022) - Shareholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of Weber Inc. (NYSE: WEBR) breached their fiduciary duties in connection with the proposed sale of the Company to BDT Capital Partners LLC.

On December 12, 2022, Weber announced it will be acquired by private equity firm BDT Capital Partners. Under the agreement terms, BDT Capital Partners will acquire the company for only $8.05 per share.

You can click or copy and paste the following link to join this investigation:

https://www.cognitoforms.com/JohnsonFistel/WeberInc3

The investigation concerns whether the Weber board failed to satisfy its duties to the Company shareholders, including whether the board adequately pursued alternatives to the acquisition and whether the board obtained the best price possible for Weber shares of common stock. Nationally recognized, Johnson Fistel is investigating whether the proposed deal represents adequate consideration, especially given the 52-week high for Weber stock was $13.28.

If you are a shareholder of Weber 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, LLP:
Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York, and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit https://www.johnsonfistel.com. Attorney advertising. Past results do not guarantee future outcomes.

Contact:
Johnson Fistel, LLP
Jim Baker, 619-814-4471
jimb@johnsonfistel.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/147680