Cases
Oaktree Capital Group, LLC (OAK)
Merger
Overview
Overview
- Date:
- 3/29/2019
- Company Name:
- Oaktree Capital Group, LLC
- Stock Symbol:
- OAK
- Company Name - Buyer:
- Brookfield Asset Management Inc.
- Stock Symbol - Buyer:
- BAM
- Status:
- Closed/Complete
- Merger Announcement Date:
- 3/13/2019
NEW YORK, March 29, 2019 – Bragar Eagel & Squire, P.C. is investigating potential claims against the board of directors of Oaktree Capital Group, LLC (NYSE: OAK) on behalf of stockholders concerning the proposed acquisition of the company by Brookfield Asset Management Inc. (NYSE: BAM).
Pursuant to the proposed transaction, announced on March 13, 2019 and valued at $475 billion, Oaktree stockholders will receive $49.00 in cash and 1.0770 shares of Brookfield for each share of Oaktree common stock owned. The investigation focuses on whether Oaktree 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 Oaktree 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 March 13, 2019 and valued at $475 billion, Oaktree stockholders will receive $49.00 in cash and 1.0770 shares of Brookfield for each share of Oaktree common stock owned. The investigation focuses on whether Oaktree 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 Oaktree 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.