Investigation of Potential Action on Behalf of Foundation Building Materials, Inc. (NYSE: FBM) Shareholders
Foundation Building Materials, Inc. (“FBM”) distributes building products in the United States and Canada. It offers wallboard, suspended ceiling system, and metal framing products. The company also provides complementary and other products, tools, and accessories, such as wallboard accessories, stucco and finishing systems, safety accessories, fasteners, insulations, doors, and roofing products.
Kessler Topaz Meltzer & Check, LLP, (“Kessler Topaz”) is investigating claims on behalf of current shareholders of FBM related to its recently-announced agreement to be acquired by an affiliate of American Securities LLC, a private equity firm, for $19.25 per share in cash (the “Merger”). Kessler Topaz is investigating whether the Merger, which has been done without the approval of FBM’s shareholders, is fair to FBM’s minority stockholders as it appears to benefit FBM’s controlling stockholder.
If you currently own shares of Foundation Building Materials, Inc. (NYSE: FBM), and would like to learn more about our investigation, please fill out our online form or contact James Maro or Adrienne Bell or toll free at 1-844-887-9500 or info@ktmc.com
CONTACT: Kessler Topaz Meltzer & Check, LLP James Maro, Esq. or Adrienne Bell, Esq. 280 King of Prussia Road Radnor, PA 19087 1-844-887-9500 (toll free) or 1-610-667-7706 Or by e-mail at info@ktmc.com