Hanesbrands investor alert by the former attorney general of louisiana: kahn swick & foti, llc investigates adequacy of price and process in proposed sale of hanesbrands inc. - hbi

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 hanesbrands inc. (nyse: hbi) to gildan activewear inc. (nyse: gil). under the terms of the proposed transaction, shareholders of hanesbrands will receive for 0.102 common shares of gildan and $0.80 in cash for each share of hanesbrands that they own. ksf is seeking to determine whether this consider.
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