Cases
Gardner Denver Holdings, Inc. (GDI)
Merger
Overview
Overview
- Date:
- 5/2/2019
- Company Name:
- Gardner Denver Holdings
- Stock Symbol:
- GDI
- Company Name - Buyer:
- Ingersoll-Rand plc
- Stock Symbol - Buyer:
- IR
- Status:
- Investigating
- Merger Announcement Date:
- 4/30/2019
NEW YORK, May 2, 2019 – Bragar Eagel & Squire, P.C. is investigating potential claims against the board of directors of Gardner Denver Holdings, Inc. (NYSE: GDI) on behalf of stockholders concerning the proposed merger with Ingersoll-Rand plc (NYSE: IR).
Pursuant to the proposed transaction, announced on April 30, 2019, Ingersoll Rand shareholders are to own 50.1% of the combined company, with existing stockholders of Gardner Denver owning 49.9% of the combined company. The investigation focuses on whether Gardner Denver 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 Gardner Denver 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 April 30, 2019, Ingersoll Rand shareholders are to own 50.1% of the combined company, with existing stockholders of Gardner Denver owning 49.9% of the combined company. The investigation focuses on whether Gardner Denver 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 Gardner Denver 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.