Cases
Bats Global Markets, Inc. (Other: BATS)
Securities Class Action
Overview
Overview
- Date:
- 12/28/2016
- Status:
- Closed/Complete
NEW YORK, December 28, 2016 – Bragar Eagel & Squire, P.C. announces that a class action lawsuit has been filed in the United States District Court for the Kansas District Court on behalf of all persons or entities who held Bats Global Markets, Inc. (Other: BATS) securities on December 16, 2016 (the “Class Period”).
On September 26, 2016, the two parties announced the signing of a definitive merger agreement pursuant to which CBOE Holdings, Inc. will acquire Bats Global Markets, Inc. in a merger in a deal worth $3.2 billion. As a result of the merger, Brocade shareholders are only anticipated to receive 0.3201 of a share of CBOE stock and $10 in cash for each share of Bats common stock.
The complaint alleges that the company failed to conduct a fair sales process and failed to disclose all material information regarding the sale of the company.
If you held Bats securities during the Class Period, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters please contact Melissa A. Fortunato, Esq. by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.
On September 26, 2016, the two parties announced the signing of a definitive merger agreement pursuant to which CBOE Holdings, Inc. will acquire Bats Global Markets, Inc. in a merger in a deal worth $3.2 billion. As a result of the merger, Brocade shareholders are only anticipated to receive 0.3201 of a share of CBOE stock and $10 in cash for each share of Bats common stock.
The complaint alleges that the company failed to conduct a fair sales process and failed to disclose all material information regarding the sale of the company.
If you held Bats securities during the Class Period, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters please contact Melissa A. Fortunato, Esq. by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.