Former investors in American Mart Corp., a holding company controlled by the Wirtz family—owners of the NHL’s Chicago Blackhawks—are challenging a transaction that forced minority shareholders out of the family’s stake in Breakthru Beverage Group LLC, a top US liquor wholesaler.
The lawsuit, filed Wednesday, seeks to invalidate the buyout of American Mart Corp. last year by American Mart Co. LLC, a newly formed entity that paid $375 a share for the 2.55% not owned by Wirtz Corp., the family’s principal company. American Mart’s main assets are allegedly a 35-story commercial building in downtown Chicago and an indirect interest in ...
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