Cases
Esterline Technologies Corporation (ESL)
Merger
Overview
Overview
- Date:
- 10/10/2018
- Company Name:
- Esterline Technologies Corporation
- Stock Symbol:
- ESL
- Company Name - Buyer:
- TransDigm Group Incorporated
- Status:
- Closed/Complete
- Merger Announcement Date:
- 10/10/2018
NEW YORK, October 10, 2018 – Bragar Eagel & Squire, P.C. is investigating potential claims against Esterline Technologies Corporation (NYSE: ESL) on behalf of stockholders concerning the proposed acquisition of the company by TransDigm Group Incorporated.
Pursuant to the proposed transaction, announced on October 10, 2018 and valued at $4 billion, Esterline stockholders will receive $122.50 in cash for each share of Esterline common stock owned. The investigation focuses on whether Esterline 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 Esterline 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 October 10, 2018 and valued at $4 billion, Esterline stockholders will receive $122.50 in cash for each share of Esterline common stock owned. The investigation focuses on whether Esterline 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 Esterline 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.