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Mead Johnson Nutrition Company (NYSE: MJN)

Merger

Overview
  • Date:
  • 3/24/2017
  • Company Name:
  • Mead Johnson Nutrition Company
  • Stock Symbol:
  • MJN
  • Company Name - Buyer:
  • Reckitt Benckiser Group plc
  • Status:
  • Closed/Complete
  • Merger Announcement Date:
  • 2/10/2017
  • Court:
  • U.S. District Court: District of Delaware

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Bragar Eagel & Squire, P.C. announces that a class action lawsuit has been filed in the United States District Court for the District of Delaware on behalf of all persons or entities who held Mead Johnson Nutrition Company (NYSE: MJN) securities on March 21, 2017 (the “Class Period”).

On February 10, 2017, the two parties announced the signing of a definitive merger agreement pursuant to which Reckitt Benckiser Group plc will acquire Mead Johnson in a deal worth $17.9 billion. As a result of the merger, Mead Johnson shareholders are only anticipated to receive $90.00 in cash for each share of Mead Johnson 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 Mead Johnson 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.

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