We are investigating possible breaches of fiduciary duty and other violations of law by the board of directors of FTS International, Inc. (“FTS International” or the “Company”) (NYSE American: FTSI) in connection with the proposed acquisition of the Company by ProFrac Holdings, LLC (“ProFrac”).  Under the terms of the merger agreement, the Company’s shareholders will receive $26.52 per share in cash for each share of FTS International common stock that they hold. The transaction is valued at approximately $407.5 million.

WeissLaw LLP is investigating whether (i) FTS International’s board of directors acted in the best interests of Company shareholders in agreeing to the proposed transaction, (ii) the $26.52 per-share merger consideration adequately compensates FTS International’s shareholders, and (iii) all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed. Notably, the merger consideration is below the $32.00 median price targets set by analysts following the Company, which is $5.48 above the per-share merger consideration.