Cases
U.S. Geothermal Inc. (NYSE: HTM)
Merger
Overview
Overview
- Date:
- 1/25/2018
- Company Name:
- U.S. Geothermal Inc.
- Stock Symbol:
- HTM
- Company Name - Buyer:
- Ormat
- Status:
- Closed/Complete
NEW YORK, January 25, 2018 – Bragar Eagel & Squire, P.C. is investigating potential claims on behalf of U.S. Geothermal Inc. (NASDAQ: HTM) stockholders concerning the proposed acquisition of the company by Ormat Technologies, Inc. (NASDAQ: ORA).
Our investigation concerns whether U.S. Geothermal’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 Ormat. Under the terms of the agreement, U.S. Geothermal stockholders will receive $5.45 in cash for each share of U.S. Geothermal common stock they own.
If you own U.S. Geothermal 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 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 U.S. Geothermal’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 Ormat. Under the terms of the agreement, U.S. Geothermal stockholders will receive $5.45 in cash for each share of U.S. Geothermal common stock they own.
If you own U.S. Geothermal 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 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.