Shareholder Alert: The Ademi Firm Investigates Whether Big 5 Sporting Goods Corporation Is Obtaining a Fair Price for Its Public Shareholders
Click here to learn how to join our investigation and obtain additional information or contact us at gademi@ademilaw.com or toll-free: 866-264-3995. There is no cost or obligation to you.
In the transaction, shareholders of Big 5 will receive $1.45 per share, with total enterprise value of approximately $112.7 million. Big 5 insiders will receive substantial benefits as part of change of control arrangements.
The transaction agreement unreasonably limits competing transactions for Big 5 by imposing a significant penalty if Big 5 accepts a competing bid. We are investigating the conduct of the Big 5 board of directors, and whether they are fulfilling their fiduciary duties to all shareholders.
We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.
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Yahoo
25 minutes ago
- Yahoo
Inflation in focus as Fed rate cut debate heats up: What to watch this week
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Read more: How the Fed rate decision affects your bank accounts, loans, credit cards, and investments JPMorgan chief US economist Michael Feroli wrote in a note to clients that, should Miran be approved as a Federal Reserve Governor by the time of the September meeting, holding interest rates steady again could lead to at least three dissents from officials who believe the Fed should be cutting rates. "That's a lot of dissents," Feroli wrote. "For Powell the risk management considerations at the next meeting may go beyond balancing employment and inflation risks, and we now see the path of least resistance is to pull forward the next 25bp cut to the September meeting." Price check An update on how tariffs are impacting inflation is expected on Tuesday with the release of the July CPI report. Wall Street economists expect headline inflation rose 2.8% annually in July, an increase from the 2.7% seen in June. On a "core" basis, which strips out food and energy prices, CPI is expected to have risen 3% over the last year in July, up from the 2.9% increase seen in June. Monthly core price increases are expected to clock in at 0.3%, above the 0.2% seen the month prior. UBS senior economist Alan Detmeister wrote in a note to clients that tariffs are driving the acceleration in inflation and July's data will bring the start of a several-month uptrend. Detmeister projects core CPI will move from 2.9% in June up to 3.5% by the end of the year. Retail reading On Friday morning, investors will get a fresh update on the state of consumer spending with the release of July retail sales. Economists expect headline retail sales rose 0.5% in July, down slightly from the 0.6% increase seen the month prior. But RBC senior US economist Michael Reid wrote in a note to clients that much of that increase is expected to come from auto sales. 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Josh Schafer is a reporter for Yahoo Finance. Follow him on X @_joshschafer. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Miami Herald
26 minutes ago
- Miami Herald
Apple is a star (again) as investors hope tariffs don't squeeze markets
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Yahoo
30 minutes ago
- Yahoo
SoundHound AI (SOUN) Wins Big Contracts, DA Davidson Boosts Price Target to $15
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