Iridium Communications Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Iridium Communications Inc. - IRDM
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Iridium Communications Inc. (NasdaqGS: IRDM) to Rocket Lab Corporation (NasdaqGS: RKLB). Under the terms of the proposed transaction, shareholders of Iridium will receive $27.00 in cash and a number of shares of Rocket Lab common stock calculated pursuant to an exchange ratio for each share of Iridiu.