Shareholder Alert: Ademi LLP investigates whether Hawaiian Holdings, Inc. has obtained a Fair Price in its transaction with Alaska Air

MILWAUKEE, Dec. 4, 2023 /PRNewswire/ -- Ademi LLP is investigating Hawaiian Airlines (NASDAQ: HA) for possible breaches of fiduciary duty and other violations of law in its transaction with Alaska Air.

Click here to learn how to join the https://www.ademilaw.com/case/hawaiian-holdings-inc or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you.

In the transaction, Hawaiian Airlines stockholders are expected to receive only $18 per share, for a transaction value of approximately $1.9 billion, inclusive of $0.9 billion of Hawaiian Airlines net debt. The transaction agreement unreasonably limits competing transactions for Hawaiian Airlines by imposing a significant penalty if Hawaiian Airlines accepts a competing bid. Hawaiian Airlines insiders will receive substantial benefits as part of change of control arrangements.

We are investigating the conduct of Hawaiian Airlines' board of directors, and whether they are fulfilling their fiduciary duties to all shareholders.

If you own Hawaiian Airlines common stock and wish to obtain additional information, please contact Guri Ademi either at gademi@ademilaw.com or toll-free: 866-264-3995, or https://www.ademilaw.com/case/hawaiian-holdings-inc.

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

Contacts

Ademi LLP
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001

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SOURCE Ademi LLP