Cases
EMC Insurance Group Inc. (EMCI)
Merger
Overview
Overview
- Date:
- 5/10/2019
- Company Name:
- EMC Insurance Group Inc.
- Stock Symbol:
- EMCI
- Company Name - Buyer:
- Employers Mutual Casualty Company
- Status:
- Closed/Complete
- Merger Announcement Date:
- 5/9/2019
NEW YORK, May 10, 2019 – Bragar Eagel & Squire, P.C. is investigating potential claims against the board of directors of EMC Insurance Group Inc. (NASDAQ: EMCI) on behalf of EMC stockholders concerning the proposed acquisition of the company by Employers Mutual Casualty Company.
Pursuant to the proposed transaction, announced on May 9, 2019 and valued at $356 million, EMC stockholders will receive $36.00 in cash for each share of EMC common stock owned. The investigation focuses on whether EMC and its board of directors violated the federal securities laws and/or breached their fiduciary duties to the Company’s stockholders by failing to conduct a fair process and whether and by how much the proposed transaction undervalues the Company.
If you own EMC Insurance 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 May 9, 2019 and valued at $356 million, EMC stockholders will receive $36.00 in cash for each share of EMC common stock owned. The investigation focuses on whether EMC and its board of directors violated the federal securities laws and/or breached their fiduciary duties to the Company’s stockholders by failing to conduct a fair process and whether and by how much the proposed transaction undervalues the Company.
If you own EMC Insurance 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.