BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: CDK Global Inc. (Nasdaq - CDK), Huttig Building Products, Inc. (Nasdaq - HBP), Manning & Napier, Inc. (NYSE - M

BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: CDK Global Inc. (Nasdaq - CDK), Huttig Building Products, Inc. (Nasdaq - HBP), Manning & Napier, Inc. (NYSE - MN)

BALA CYNWYD, Pa., April 07, 2022 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky ([email protected]) or Marc Ackerman ([email protected]) at 855-576-4847. There is no cost or financial obligation to you.

CDK Global Inc. (Nasdaq - CDK)

Under the terms of the agreement, CDK will be acquired by Brookfield Business Partners (NYSE - BBUC, BBU). CDK Global stockholders will receive $54.87 in cash per share, representing a total transaction value of $8.3 billion. The investigation concerns whether the CDK Global Board breached its fiduciary duties to shareholders by failing to conduct a fair process, and whether Brookfield Business Partners is paying too little for the Company.

Additional information can be found at https://www.brodskysmith.com/cases/cdk-global-inc-nasdaq-cdk/.  

Huttig Building Products, Inc. (Nasdaq - HBP)       

Under the terms of the agreement, Huttig will be acquired by Woodgrain Inc. Huttig stockholders will receive $10.70 in cash per share. The investigation concerns whether the Huttig Board breached its fiduciary duties to shareholders by failing to conduct a fair process, and whether Woodgrain Inc. is paying too little for the Company.

Additional information can be found at https://www.brodskysmith.com/cases/huttig-building-products-inc-nasdaq-hbp/.

Manning & Napier, Inc. (NYSE - MN)   

Under the terms of the agreement, Manning & Napier will be acquired by Callodine Group, LLC (“Callodine”). Manning & Napier’s shareholders will receive $12.85 in cash for each share of Manning & Napier common stock owned. The investigation concerns whether the Manning & Napier Board breached its fiduciary duties to shareholders by failing to conduct a fair process, and whether Callodine is paying too little for the Company.

Additional information can be found at https://www.brodskysmith.com/cases/manning-napier-inc-nyse-mn/.

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.