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MANT Alert: Monsey Firm of Wohl & Fruchter LLP Investigating Acquisition of ManTech International Corporation by The Carlyle Group

Published: 2022-05-23 18:28:00 ET

MONSEY, N.Y., May 23, 2022 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating whether the directors of ManTech International Corporation (ticker: MANT) (“ManTech”) acted in the best interests of ManTech shareholders in approving the sale of ManTech to The Carlyle Group, Inc. (ticker: CG) (“Carlyle”) for $96.00 per share in cash.

If you remain a ManTech shareholder and have questions about your legal rights, you may contact our firm at the following link to discuss your options at no charge:

https://wohlfruchter.com/cases/mantech-international-corporation/

Alternatively, you may contact us by phone at 866-833-6245, or via email at alerts@wohlfruchter.com.

Why is there an investigation?On May 23, 2022, ManTech announced that it had agreed to be acquired by Carlyle for $96.00 per share in cash. The transaction was unanimously approved by ManTech’s Board of Directors (“Board”).

Wohl & Fruchter’s investigation concerns whether ManTech’s Board acted in the best interests of ManTech shareholders in approving the sale to Carlyle, including whether the acquisition price adequately compensates ManTech shareholders, and whether all information regarding approval of the transaction has been fully disclosed.

In particular, according to a discounted cash flow analysis by the Simply Wall Street research firm, ManTech’s fair value is $153.01 per share.

About Wohl & Fruchter Wohl & Fruchter LLP, with offices in New York City and Monsey, has for over a decade been representing investors in litigation arising from fraud and other corporate misconduct, and recovered hundreds of millions of dollars in damages for investors. Please visit our website, www.wohlfruchter.com, to learn more about our Firm, or contact one of our partners.

Contact:Wohl & Fruchter LLPJoshua E. Fruchter Toll Free 866.833.6245alerts@wohlfruchter.com www.wohlfruchter.com

Source: Wohl & Fruchter LLP

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All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
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