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Aug 29, 2024 · Hemisphere Media Group Inc. will pay $15 million to end litigation over its take-private buyout by Searchlight Capital Partners LP and a related side deal with TelevisaUnivision Inc. The settlement disclosed Thursday would resolve shareholder claims targeting the 2022 transactions, a private equity acquisition that valued the company at $285 ...
- mleonard@bloomberglaw.com
- Legal Reporter
May 30, 2023 · Hemisphere Media’s Private Equity Buyout Draws Investor Lawsuit. Former Hemisphere Media Group Inc. investors sued Searchlight Capital Partners LP, which led its 2022 take-private buyout, claiming the transaction and a side deal with TelevisaUnivision Inc. were tainted by self-dealing. In addition to Searchlight, the lawsuit targets former ...
- mleonard@bloomberglaw.com
- Legal Reporter
Please be advised that your rights will be affected by the above-captioned stockholder class action pending in the Court of Chancery of the State of Delaware if you were a record holder or beneficial owner of Hemisphere Media Group Inc. common stock (NASDAQ: “HMTV”) whose shares were exchanged for or who had the right to receive in exchange $7.00 per share in cash on September 13, 2022.
Law360 (May 30, 2023, 7:06 PM EDT) -- Ex-stockholders of Hemisphere Media Group Inc. have sued former controlling investor Searchlight Capital Partners LP in Delaware's Court of Chancery, accusing ...
Jun 14, 2022 · PHILADELPHIA, June 14, 2022 /PRNewswire/ -- Kaskela Law LLC announces that it is investigating Hemisphere Media Group, Inc. ("Hemisphere") (NASDAQ: HMTV) on behalf of the company's shareholders ...
Law360 (September 13, 2022, 6:45 PM EDT) -- A shareholder in Florida-based Hemisphere Media Group Inc. filed a suit in Delaware Chancery Court seeking to inspect financial records to investigate ...
Jul 5, 2022 · On May 9, 2022, Hemisphere announced it had reached an agreement to be bought out by Gato for $7.00 per share. What You Can Do If you are a Hemisphere shareholder, you may have legal claims ...