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MERGER INVESTIGATION ALERT: Kaskela Law LLC Announces Stockholder Investigation of The Middleby Corporation (MIDD)

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PHILADELPHIA, PA / ACCESSWIRE / April 28, 2021 / Kaskela Law LLC announces that is investigating The Middleby Corporation (NASDAQ:MIDD) ("Middleby" or the "Company") on behalf of the Company's stockholders.

On April 21, 2021, Middleby announced that it had entered into an agreement to merge with Welbilt, Inc. ("Welbilt"). According to the announcement, in connection with the proposed transaction Middleby plans to issue over 17.5 million shares of common stock to Welbilt's shareholders, who are expected to own approximately 24% of the combined company upon completion of the transaction.

The investigation seeks to determine whether Middleby's executive officers and directors violated the securities laws and/or breached their fiduciary duties in connection with the proposed transaction, and whether Middleby stockholders are receiving all material information in connection with the transaction.

Middleby stockholders are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq.) at (484) 258 - 1585, or by email at skaskela@kaskelalaw.com or online at https://kaskelalaw.com/case/the-middleby-corporation/, to discuss this investigation and their legal rights and options with respect to this transaction.

Kaskela Law LLC exclusively represents investors in securities fraud, corporate governance, and merger & acquisition litigation. For additional information about Kaskela Law LLC please visit www.kaskelalaw.com.

CONTACT:
D. Seamus Kaskela, Esq.
KASKELA LAW LLC
18 Campus Boulevard, Suite 100
Newtown Square, PA 19073
(484) 258 - 1585
(888) 715 - 1740
www.kaskelalaw.com
skaskela@kaskelalaw.com

This notice may constitute attorney advertising in certain jurisdictions.

SOURCE: Kaskela Law LLC



View source version on accesswire.com:
https://www.accesswire.com/642727/MERGER-INVESTIGATION-ALERT-Kaskela-Law-LLC-Announces-Stockholder-Investigation-of-The-Middleby-Corporation-MIDD