Cases
WABCO Holdings Inc. (WBC)
Merger
Overview
Overview
- Date:
- 3/28/2019
- Company Name:
- WABCO Holdings Inc.
- Stock Symbol:
- WBC
- Company Name - Buyer:
- ZF Friedrichshafen AG
- Status:
- Closed/Complete
- Merger Announcement Date:
- 3/28/2019
NEW YORK, March 28, 2019 – Bragar Eagel & Squire, P.C. is investigating potential claims against the board of directors of WABCO Holdings Inc. (NYSE: WBC) on behalf of stockholders concerning the proposed acquisition of the company by ZF Friedrichshafen AG.
Pursuant to the proposed transaction, announced on March 28, 2019 and valued at $7 billion, WABCO stockholders will receive $136.50 in cash for each share of WABCO common stock owned. The investigation focuses on whether WABCO 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 WABCO 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 28, 2019 and valued at $7 billion, WABCO stockholders will receive $136.50 in cash for each share of WABCO common stock owned. The investigation focuses on whether WABCO 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 WABCO 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.