NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (âKSFâ) are investigating the proposed sale of HanesBrands Inc. (NYSE: HBI) to Gildan Activewear Inc. (NYSE: GIL). Under the terms of the proposed transaction, shareholders of HanesBrands will receive for 0.102 common shares of Gildan and $0.80 in cash for each share of HanesBrands that they own. KSF is seeking to determine whether this consider
Related Questions
How will the proposed HBIâGIL transaction affect HBI's share price in the short term?
What is the implied valuation for HanâŻHBI shareholders based on the 0.102 Gildan shares + $0.80 cash per share?
How does the offer price compare to HanesBrandsâ recent trading range and its intrinsic valuation?
What are the potential synergies or cost savings from a GildanâHanâŻBrands merger, and how might they affect future earnings?
What regulatory or legal hurdles could arise from the investigation by Kahn Swick &âŻFoti and the former Louisiana Attorney General?
How might the proposed transaction impact Gildanâs share price and dilution of existing shareholders?
What is the market's perception of the deal (e.g., sentiment, analyst ratings) and how could it influence trading volume?
What are the likely outcomes of the investigation into price adequacyâcould the deal be renegotiated or halted?
How does this proposed sale compare to recent similar M&A deals in the apparel sector in terms of multiples and premium?
What are the tax implications for HBI shareholders receiving both stock and cash?