Shareholder Alert: The Ademi Firm Investigates Whether WK Kellogg Co is Obtaining a Fair Price for its Public Shareholders

MILWAUKEE--(BUSINESS WIRE)--The Ademi Firm is investigating WK Kellogg Co (NYSE: KLG) for possible breaches of fiduciary duty and other violations of law in its transaction with Ferrero.

Click here to learn how to join our investigation and obtain additional information or contact us at [e-mail] or toll-free: 866-264-3995. There is no cost or obligation to you.

In the transaction, shareholders of WK Kellogg Co will receive $23.00 per share in cash, representing a total enterprise value of $3.1 billion. WK Kellogg Co insiders will receive substantial benefits as part of change of control arrangements.

The transaction agreement unreasonably limits competing transactions for WK Kellogg Co by imposing a significant penalty if WK Kellogg Co accepts a competing bid. We are investigating the conduct of the WK Kellogg Co board of directors, and whether they are fulfilling their fiduciary duties to all shareholders.

We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.