BALA CYNWYD, Pa., Sept. 02, 2025 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky (jbrodsky@brodskysmith.com) or Marc Ackerman (mackerman@brodskysmith.com) at 855-576-4847. There is no cost or financial obligation to you.
Aris Water Solutions, Inc. (NYSE – ARIS)
Under the terms of the agreement, Aris will be acquired by Western Midstream Partners, LP (“WES”) (NYSE – WES). Aris shareholders will receive 0.625 common units of WES for each Aris share, with the option to elect to receive $25.00 per share in cash. The total enterprise value of the transaction is approximately $2.0 billion before transaction costs. The investigation concerns whether the Aris Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether the deal consideration provides fair value to the Company’s shareholders.
Additional information can be found at https://www.brodskysmith.com/cases/aris-water-solutions-inc-nyse-aris/.
TEGNA Inc. (NYSE – TGNA)
Under the terms of the Merger Agreement, TEGNA will be acquired by Nexstar Media Group, Inc. (“Nexstar”) (Nasdaq – NXST) for $22.00 per share in a cash transaction valued at $6.2 billion, inclusive of TEGNA’s net debt and estimated transaction fees and expenses. The investigation concerns whether the TEGNA Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether the deal consideration provides fair value to the Company’s shareholders.
Additional information can be found at https://www.brodskysmith.com/cases/tegna-inc-nyse-tegna/.
DallasNews Corporation (Nasdaq – DALN)
Under the terms of the Merger Agreement, DallasNews will be acquired by Hearst for $14.00 per share in cash. The investigation concerns whether the DallasNews Therapeutics Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether the deal consideration provides fair value to the Company’s shareholders.
Additional information can be found at https://www.brodskysmith.com/cases/dallasnews-corporation-nasdaq-daln/.
Performant Healthcare, Inc. (Nasdaq – PHLT)
Under the terms of the Merger Agreement, Performant Healthcare will be acquired by Machinify for $7.75 per share in cash. The investigation concerns whether the Performant Healthcare Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether the consideration provides fair value to the Company’s shareholders.
Additional information can be found at https://www.brodskysmith.com/cases/performant-healthcare-inc-nasdaq-phlt/.
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.
