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"title": "ALE Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of ALLETE, Inc. Is Fair to Shareholders",
"description": "Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of ALLETE, Inc. to Canada Pension Plan Investment Board and Global Infrastructure Partners for $67.00 per share in...",
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"snippet": "Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of ALLETE, Inc. (NYSE: ALE) to Canada Pension Plan Investment Board (“CPP”)...",
"url": "https://www.marketscreener.com/quote/stock/ALLETE-INC-11615/news/ALE-Stock-Alert-Halper-Sadeh-LLC-Is-Investigating-Whether-the-Sale-of-ALLETE-Inc-Is-Fair-to-Share-46636479/",
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"highlight": "Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of <em>ALLETE</em>, <em>Inc</em>. (<em>NYSE</em>: <em>ALE</em>) to Canada Pension Plan Investment Board (“CPP”) and Global Infrastructure Partners (“GIP”) for $67.00 per share in cash is fair to <em>ALLETE</em> shareholders.",
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"highlight": "Halper Sadeh encourages <em>ALLETE</em> shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or [email protected] or [email protected].",
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"highlight": "The investigation concerns whether <em>ALLETE</em> and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for <em>ALLETE</em> shareholders; (2) determine whether CPP and GIP are underpaying for <em>ALLETE</em>; and (3) disclose all material",
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"highlight": "information necessary for <em>ALLETE</em> shareholders to adequately assess and value the merger consideration.",
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"highlight": "On behalf of <em>ALLETE</em> shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.",
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"title": "ALLETE Enters Agreement to be Acquired by a Partnership Led by Canada Pension Plan Investment Board and Global Infrastructure Partners to Advance ‘Sustainability-in-Action’ Strategy",
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"snippet": "ALLETE Enters Agreement to be Acquired by a Partnership Led by Canada Pension Plan Investment Board and Global Infrastructure Partners to Advance ‘Sustainabil...",
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"highlight": "–(BUSINESS WIRE)–<em>ALLETE</em>, <em>Inc</em>.",
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"highlight": "(<em>NYSE</em>: <em>ALE</em>) and a partnership led by Canada Pension Plan Investment Board (“CPP Investments”) and Global Infrastructure Partners (“GIP”), (the “partnership”), today jointly announced that they have entered into a definitive agreement under which the partnership will acquire <em>ALLETE</em> for $67.00 per share in cash, or $6.2 billion including the assumption",
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"highlight": "<em>ALLETE</em> is a leading energy company and provider of safe, reliable, and competitively priced energy with a national footprint.",
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"highlight": "Bethany Owen will continue as Chief Executive Officer, and the current management team will continue to lead <em>ALLETE</em> and remain as the primary points of contact for customers, regulators and other stakeholders. <em>ALLETE</em> will continue to be headquartered in Duluth, Minnesota.",
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"highlight": "Bethany Owen will continue as Chief Executive Officer, and the current management team will continue to lead <em>ALLETE</em> and remain as the primary points of contact for customers, regulators and other stakeholders. <em>ALLETE</em> will continue to be headquartered in Duluth, Minnesota.",
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"highlight": "<em>ALLETE</em> will continue to invest corporate resources and employee volunteer hours to help build thriving communities.",
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"highlight": "Morgan Securities LLC is acting as lead financial advisor and provided a fairness opinion to <em>ALLETE</em>, and Houlihan Lokey Capital, Inc. also provided a fairness opinion to <em>ALLETE</em>. Skadden, Arps, Slate, Meagher & Flom LLP is acting as legal advisor to <em>ALLETE</em>.",
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"highlight": "About <em>ALLETE</em>, <em>Inc</em>.\n\n<em>ALLETE</em>, <em>Inc</em>. is an energy company headquartered in Duluth, Minnesota. ALLETE’s largest business unit, Minnesota Power, is an electric utility which serves 150,000 residents, 14 municipalities, and some of the nation’s largest industrial customers.",
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"highlight": "More information about <em>ALLETE</em> is available at www.allete.com. ALE-CORP\n\n<em>ALLETE</em> calculates and reports carbon emissions based on the GHG Protocol. Details in ALLETE’s Corporate Sustainability Report.",
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"highlight": "In connection with the proposed transaction, <em>ALLETE</em>, <em>Inc</em>. (“<em>ALLETE</em>”) expects to file a proxy statement on Schedule 14A with the Securities and Exchange Commission (“SEC”). <em>ALLETE</em> also may file other documents with the SEC regarding the merger.",
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