You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.

NEW YORK, April 5, 2021 /PRNewswire/ --Rowley Law PLLC is investigating potential securities law violations by Leaf Group Ltd. (NYSE: LEAF) and its board of directors concerning the proposed acquisition of the company by Graham Holdings Company (NYSE: GHC). Stockholders will receive $8.50 for each share of Leaf Group stock that they hold. The transaction is valued at approximately $323 million and is expected to close in June or July of 2021. If you are a stockholder of Leaf Group Ltd. and are interested in obtaining additional information regarding this investigation, please visit us at:http://www.rowleylawpllc.com/investigation/leaf/. You may also contact Shane Rowley, Esq. at Rowley Law PLLC, 50 Main Street Suite 1000, White Plains, NY 10606, by email at [emailprotected], or by telephone at 914-400-1920 or 844-400-4643 (toll-free). Rowley Law PLLC represents shareholders nationwide in class actions and derivative lawsuits in complex corporate litigation. For more information about the firm and its attorneys, please visit http://www.rowleylawpllc.com. Attorney Advertising. Prior results do not guarantee a similar outcome. SOURCE Rowley Law PLLC Related Links http://rowleylawpllc.com

Answer: ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Leaf Group Ltd.