(NASDAQ:DALN),(NYSE:SNV),(NASDAQ:SPTN),(NASDAQ:BASE),
BALA CYNWYD, Pa., July 30, 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.
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/.
Synovus Financial Corp. (NYSE – SNV)
Under the terms of the agreement, Synovus will be acquired by Pinnacle Financial Partners (Nasdaq – PNFP). The shares of Synovus and Pinnacle shareholders will be converted into shares of a new Pinnacle parent company based on a fixed exchange ratio of 0.5237 Synovus shares per Pinnacle share. This exchange ratio represents a Synovus per share value of $61.18, a transaction value of $8.6 billion. Following the close of the transaction, Synovus shareholders will own approximately 48.5% and Pinnacle shareholders will own approximately 51.5% of the combined company. The investigation concerns whether the Synovus 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/synovus-financial-corp-nyse-snv/.
SpartanNash Company (Nasdaq – SPTN)
Under the terms of the Merger Agreement, SpartanNash will be acquired by C&S Wholesale Grocers, LLC (“C&S”) for $26.90 in cash for each SpartanNash share in a deal valued at $1.77 billion. The investigation concerns whether the SpartanNash 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/spartannash-company-nasdaq-sptn/.
Couchbase, Inc. (Nasdaq – BASE)
Under the terms of the agreement, Couchbase will be acquired by Haveli Investments. Inc. for $24.50 in cash for each Couchbase share. The investigation concerns whether the Couchbase 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/couchbase-inc-nasdaq-base.
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.
