SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation into the Fairness of the Acquisition of Catalent, Inc. by Novo Holdings

Globe Newswire 1-Mar-2024 4:57 PM

NEW YORK, March 01, 2024 (GLOBE NEWSWIRE) -- The following statement is being issued by Levi & Korsinsky, LLP:

To: All Persons or Entities who own Catalent, Inc. ("Catalent" or the "Company") (NYSE:CTLT) stock purchased prior to February 16, 2024.

You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the acquisition of Catalent by Novo Holdings ("Novo"). As a result of the merger, Catalent stockholders will receive $63.50 per share in cash. This sale of the Company comes after one of its largest stockholders, the activist hedge fund Elliott Investment Management L.P., appointed four directors to the Catalent Board of Directors. Novo is affiliated with Novo Nordisk, and Catalent is the main manufacturing partner for Novo Nordisk's blockbuster weight loss drug, Wegovy.

To learn more about the action and your rights, go to:

https://zlk.com/mna2/catalent-inc-lawsuit-submission-form

or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500. There is no cost or obligation to you.

The Catalent merger investigation concerns whether Elliott, Novo, and the Board of Catalent have harmed stockholders by agreeing to enter into this transaction and whether all material facts have been properly disclosed to stockholders.

Levi & Korsinsky is a nationally recognized firm with offices in New York, Connecticut, California, and Washington, D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com