Cases
KapStone Paper and Packaging Corporation (KS)
Merger
Overview
Overview
- Date:
- 1/29/2018
- Company Name:
- KapStone Paper and Packaging Corporation
- Stock Symbol:
- KS
- Company Name - Buyer:
- WestRock Company
- Status:
- Closed/Complete
NEW YORK, January 29, 2018 – Bragar Eagel & Squire, P.C. is investigating potential claims on behalf of KapStone Paper and Packaging Corporation (NYSE: KS) stockholders concerning the proposed acquisition of the company by WestRock Company (NYSE: WRK).
Our investigation concerns whether KapStone’s board of directors failed to adequately shop the company and obtain the best possible value for its stockholders before entering into a definitive merger agreement with WestRock. Under the terms of the agreement, KapStone stockholders will have the option to receive $35.00 per share in cash, or to elect to receive 0.4981 WestRock shares per KapStone share. Elections of stock consideration will be capped at 25% of the outstanding KapStone shares.
If you own KapStone 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) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.
Our investigation concerns whether KapStone’s board of directors failed to adequately shop the company and obtain the best possible value for its stockholders before entering into a definitive merger agreement with WestRock. Under the terms of the agreement, KapStone stockholders will have the option to receive $35.00 per share in cash, or to elect to receive 0.4981 WestRock shares per KapStone share. Elections of stock consideration will be capped at 25% of the outstanding KapStone shares.
If you own KapStone 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) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.