Provided By PR Newswire
Last update: Sep 27, 2022
NEW ORLEANS, Sept. 27, 2022 /PRNewswire/ -- 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 Turquoise Hill Resources Ltd. ( NYSE: TRQ) to Rio Tinto Group ( NYSE: RIO). Under the terms of the proposed transaction, shareholders of Turquoise Hill will receive C$43 in cash for each share of Turquoise Hill that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
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