Barnes Group (NYSE - B) - Brodsky Smith

Barnes Group (NYSE – B)

SHAREHOLDER NOTICE: Brodsky & Smith Announces an Investigation of Barnes Group (NYSE – B)

BALA CYNWYD – October 10, 2024 /Globe Newswire/ – Law office of Brodsky & Smith announces that it is investigating potential claims against the Board of Directors of Barnes Group (“Barnes” or the “Company”) (NYSE – B) for possible breaches of fiduciary duty and other violations of federal and state law in connection with the sale of the Company to by affiliates of Apollo Global Management, Inc. (NYSE: APO) (“Apollo”) in an all-cash transaction that values Barnes at an enterprise value of approximately $3.6 billion. The agreement provides that Barnes shareholders will receive $47.50 per share in cash.

The investigation concerns whether the Barnes Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether Apollo is paying fair value to shareholders of the Company.

If you own shares of Barnes stock and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire, or Marc L. Ackerman by email at clients@brodsky-smith.com, or call toll free 855-576-4847.

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.

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