BALA CYNWYD, Pa., Aug. 07, 2025 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky (jbrodsky@brodskysmith.com) or Marc Ackerman (mackerman@brodskysmith.com) at 855-576-4847. There is no cost or financial obligation to you.

Aris Water Solutions, Inc. (NYSE - ARIS)

Under the terms of the agreement, Aris will be acquired by Western Midstream Partners, LP (“WES”) (NYSE - WES). Aris shareholders will receive 0.625 common units of WES for each Aris share, with the option to elect to receive $25.00 per share in cash. The total enterprise value of the transaction is approximately $2.0 billion before transaction costs. The investigation concerns whether the Aris Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether the deal consideration provides fair value to the Company’s shareholders.

Additional information can be found at https://www.brodskysmith.com/cases/aris-water-solutions-inc-nyse-aris/.

American Woodmark Corporation (Nasdaq - AMWD)

Under the terms of the Merger Agreement, American Woodwork will be acquired by MasterBrand, Inc. (“MasterBrand”) (NYSE - MBC). American Woodmark shareholders will receive 5.150 shares of MasterBrand common stock for each share of American Woodmark common stock owned. MasterBrand and American Woodmark shareholders will own approximately 63% and 37% of the combined company, respectively. The investigation concerns whether the American Woodmark Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether the deal consideration provides fair value to the Company’s shareholders.

Additional information can be found at https://www.brodskysmith.com/cases/american-woodmark-corporation-nasdaq-amwd/.

Performant Healthcare, Inc. (Nasdaq - PHLT)

Under the terms of the Merger Agreement, Performant Healthcare will be acquired by Machinify for $7.75 per share in cash. The investigation concerns whether the Performant Healthcare Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether the consideration provides fair value to the Company’s shareholders.

Additional information can be found at https://www.brodskysmith.com/cases/performant-healthcare-inc-nasdaq-phlt/.

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