Law firm to investigate Arctic Cat acquisition

The law firm Levi & Korsinsky is investigating the Board of Directors of Arctic Cat Inc. in connection with the sale of the company to Textron Inc. Under the terms of the transaction, Arctic Cat shareholders will receive $18.50 in cash for each share of Arctic Cat stock they own.

The investigation concerns whether the Board of Arctic Cat breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Textron Inc. is underpaying for Arctic Cat shares.

For all shareholders who purchased stock prior to Jan. 25, 2017, visit here for more information.

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