Cases
WGL Holdings, Inc. (NYSE: WGL)
Merger
Overview
Overview
- Date:
- 4/4/2017
- Company Name - Buyer:
- AltaGas Ltd.
- Status:
- Closed/Complete
- Merger Announcement Date:
- 1/25/2017
- Court:
- U.S. District Court: DC
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 District of DC on behalf of all persons or entities who held WGL Holdings, Inc. (NYSE: WGL) securities on March 23, 2017 (the “Class Period”).
On January 25, 2017, the two parties announced the signing of a definitive merger agreement pursuant to which AltaGas Ltd. will acquire WGL Holdings in a deal worth $6.4 billion. As a result of the merger, WGL Holdings shareholders are only anticipated to receive $88.25 in cash for each share of WGL Holdings 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 WGL Holdings 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 January 25, 2017, the two parties announced the signing of a definitive merger agreement pursuant to which AltaGas Ltd. will acquire WGL Holdings in a deal worth $6.4 billion. As a result of the merger, WGL Holdings shareholders are only anticipated to receive $88.25 in cash for each share of WGL Holdings 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 WGL Holdings 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.