Cases
LMI Aerospace, Inc. (NASDAQ: LMIA)
Merger
Overview
Overview
- Date:
- 4/4/2017
- Company Name - Buyer:
- Sonaca Group
- Status:
- Closed/Complete
- Merger Announcement Date:
- 2/17/2017
- Court:
- U.S. District Court: Eastern Missouri
NEW YORK, April 4, 2017 – Bragar Eagel & Squire, P.C. announces that a class action lawsuit has been filed in the United States District Court for the Eastern District of Missouri on behalf of all persons or entities who held LMI Aerospace, Inc. (NASDAQ: LMIA) securities on March 24, 2017 (the “Class Period”).
On February 17, 2017, the two parties announced the signing of a definitive merger agreement pursuant to which Sonaca Group will acquire LMI Aerospace in a deal worth $2.9 billion. As a result of the merger, LMI Aerospace shareholders are only anticipated to receive $14.00 in cash for each share of LMI Aerospace common stock.
The Complaint alleges that the Company failed to conduct a fair sales process and failed to disclose all material information regarding the sale of the Company.
If you held LMI Aerospace securities during the Class Period, 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 A. Fortunato, Esq. 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.
On February 17, 2017, the two parties announced the signing of a definitive merger agreement pursuant to which Sonaca Group will acquire LMI Aerospace in a deal worth $2.9 billion. As a result of the merger, LMI Aerospace shareholders are only anticipated to receive $14.00 in cash for each share of LMI Aerospace common stock.
The Complaint alleges that the Company failed to conduct a fair sales process and failed to disclose all material information regarding the sale of the Company.
If you held LMI Aerospace securities during the Class Period, 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 A. Fortunato, Esq. 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.