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Oct. 25, 2021, 6:49 p.m. EDT

NOTICE - IMPORTANT SHAREHOLDER INVESTIGATION UPDATE: Brodsky & Smith Reminds Investors of Investigations Related to the Following Companies: Acceleron Pharma Inc. (Nasdaq - XLRN), Kraton Corporation (NYSE - KRA), Meredith Corporation (NYSE - MDP)

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October 25, 2021 (ACCESSWIRE via COMTEX) -- BALA CYNWYD, PA / ACCESSWIRE / October 25, 2021 / Brodsky & Smith reminds investors of investigations it is conducting regarding the following companies for possible breaches of fiduciary duty and other violations of federal and state law with respect to proposed acquisition transactions.If you own shares of any of the below-referenced stocks and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire, or Marc L. Ackerman, Esquire at Brodsky & Smith, Two Bala Plaza, Suite 805, Bala Cynwyd, PA 19004, or calling toll free 855-576-4847. There is no cost or financial obligation to you.

Acceleron Pharma Inc. /zigman2/quotes/203395072/composite XLRN -0.52%

Under the terms of the Merger Agreement, Acceleron will be acquired by Merck (NYSE - MRK) in an all-cash transaction implying a total equity value of $11.5 billion. Acceleron stockholders will receive $180.00 in cash for each share of Acceleron common stock they own. The investigation concerns whether the Acceleron Board breached its fiduciary duties to shareholders by failing to conduct a fair process, and whether Merck is paying too little for the Company.

Additional information can be found at https://www.brodskysmith.com/cases/acceleron-pharma-inc-nasdaq-xlrn/ , or call 855-576-4847. No cost or obligation to you.

Kraton Corporation /zigman2/quotes/200458705/composite KRA -0.07%

Under the terms of the merger agreement, DL Chemical Co., Ltd. ("DL Chemical"), a subsidiary of DL Holdings Co., Ltd. (formerly Daelim Industrial Co., Ltd.), will acquire 100% of Kraton in an all-cash transaction implying an enterprise value of approximately $2.5 billion. Kraton stockholders will receive $46.50 in cash for each share of Kraton common stock they own. The investigation concerns whether the Kraton Board breached its fiduciary duties to shareholders by failing to conduct a fair process, and whether DL Chemical is paying too little for the Company.

Additional information can be found at https://www.brodskysmith.com/cases/kraton-corporation-nyse-kra/ , or call 855-576-4847. No cost or obligation to you.

Meredith Corporation /zigman2/quotes/201770619/composite MDP -0.08%

Under the terms of the merger agreement, Meredith shareholders will receive only $42.18 for each share of Meredith common stock owned. The investigation concerns whether the Meredith Board breached its fiduciary duties to shareholders by failing to conduct a fair process and whether IAC is paying too little for the Company.

Additional information can be found at https://www.brodskysmith.com/cases/meredith-corporation-nyse-mdp/ , or call 855-576-4847. No cost or obligation to you.

Brodsky & Smith is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.

SOURCE: Brodsky & Smith

View source version on accesswire.com: https://www.accesswire.com/669536/NOTICE--IMPORTANT-SHAREHOLDER-INVESTIGATION-UPDATE-Brodsky-Smith-Reminds-Investors-of-Investigations-Related-to-the-Following-Companies-Acceleron-Pharma-Inc-Nasdaq--XLRN-Kraton-Corporation-NYSE--KRA-Meredith-Corporation-NYSE--MDP

COMTEX_395803384/2457/2021-10-25T18:49:11

Is there a problem with this press release? Contact the source provider Comtex at editorial@comtex.com. You can also contact MarketWatch Customer Service via our Customer Center.

Copyright 2021 ACCESSWIRE

/zigman2/quotes/203395072/composite
US : U.S.: Nasdaq
$ 178.75
-0.93 -0.52%
Volume: 0.00
Nov. 19, 2021 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$10.93 billion
Rev. per Employee
$296,548
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/zigman2/quotes/200458705/composite
US : U.S.: NYSE
$ 46.06
-0.03 -0.07%
Volume: 235,727
Nov. 30, 2021 4:00p
P/E Ratio
15.01
Dividend Yield
N/A
Market Cap
$1.48 billion
Rev. per Employee
$864,574
loading...
/zigman2/quotes/201770619/composite
US : U.S.: NYSE
$ 59.00
-0.05 -0.08%
Volume: 901,062
Nov. 30, 2021 4:00p
P/E Ratio
9.99
Dividend Yield
0.00%
Market Cap
$2.61 billion
Rev. per Employee
$581,074
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