Cases
DD3 Acquisition Corp. (NASDAQ: DDMX)
Merger
Overview
Overview
- Date:
- 8/6/2019
- Company Name:
- DD3 Acquistion Corp.
- Stock Symbol:
- DDMX
- Company Name - Buyer:
- Betterware de Mexico
- Status:
- Closed/Complete
- Merger Announcement Date:
- 8/5/2019
NEW YORK, August 6, 2019 – Bragar Eagel & Squire, P.C. is investigating potential claims against the board of directors of DD3 Acquisition Corp. (NASDAQ: DDMX) on behalf of DD3 shareholders concerning the proposed merger with Betterware de Mexico.
Pursuant to the proposed transaction, announced on August 5, 2019 and valued at $367 million, current Betterware shareholders will roll over most of their equity stakes and will remain majority owners of the combined company, with an anticipated ~80% stake at closing, while the remaining ownership will be held by public investors and DD3. The investigation focuses on whether DD3 and its board of directors violated the federal securities laws and/or breached their fiduciary duties to the Company’s shareholders by failing to conduct a fair process and whether and by how much the proposed transaction undervalues the Company.
If you own DD3 shares, have information, 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 Fortunato by email at investigations@bespc.com, or telephone at (212) 308-1869, or by filling out the contact form below. There is no cost or obligation to you.
Pursuant to the proposed transaction, announced on August 5, 2019 and valued at $367 million, current Betterware shareholders will roll over most of their equity stakes and will remain majority owners of the combined company, with an anticipated ~80% stake at closing, while the remaining ownership will be held by public investors and DD3. The investigation focuses on whether DD3 and its board of directors violated the federal securities laws and/or breached their fiduciary duties to the Company’s shareholders by failing to conduct a fair process and whether and by how much the proposed transaction undervalues the Company.
If you own DD3 shares, have information, 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 Fortunato by email at investigations@bespc.com, or telephone at (212) 308-1869, or by filling out the contact form below. There is no cost or obligation to you.