Glatfelter receives shareholder lawsuits seeking to enjoin merger; voluntarily supplements proxy disclosures

Magnera Corp

Two lawsuits filed Oct 2 and 3 (Williams, Wilhelm) alleging misleading disclosures in merger proxy.
Complaints seek injunction to stop Berry HHNF transaction unless additional disclosures are made.
Glatfelter denies allegations but voluntarily adds supplemental disclosures to moot claims.
Supplemental info includes details on J.P. Morgan DCF analyses: Glatfelter stand-alone equity values $55M-$245M.
Board maintains unanimous recommendation to vote FOR the transaction proposals.

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