Mister Car Wash Board Investigated Over $7.00 Take-Private Deal with LGP
Mister Car Wash, Inc. (MCW) is under investigation by Bleichmar Fonti & Auld LLP for potential breaches of fiduciary duties related to its proposed $7.00 per share take-private acquisition by Leonard Green & Partners. The investigation centers on whether the board and its controlling shareholder, which owns over 66% of the company, prioritized their own interests over those of minority stockholders by accepting an unfairly low valuation.