Cases
Fidelity & Guaranty Life (NYSE: FGL)
Merger
Overview
Overview
- Date:
- 5/24/2017
- Company Name:
- Fidelity & Guaranty Life
- Stock Symbol:
- FGL
- Status:
- Closed/Complete
NEW YORK, May 24, 2017 – Bragar Eagel & Squire, P.C. is investigating potential claims on behalf of Fidelity & Guaranty Life (NYSE: FGL) stockholders concerning the proposed acquisition of the Company by CF Corporation.
The investigation concerns whether Fidelity & Guaranty Life’s board of directors failed to adequately shop the Company and obtain the best possible value for stockholders before entering into a definitive merger agreement with CF Corporation. Under the terms of the agreement, Fidelity & Guaranty Life stockholders will receive $31.10 in cash for each share of Company common stock they own (a mere 8.4% premium to the stock’s May 23, 2017 closing price), in a transaction valued at approximately $1.835 billion.
If you own Fidelity & Guaranty Life common stock, 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) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.
The investigation concerns whether Fidelity & Guaranty Life’s board of directors failed to adequately shop the Company and obtain the best possible value for stockholders before entering into a definitive merger agreement with CF Corporation. Under the terms of the agreement, Fidelity & Guaranty Life stockholders will receive $31.10 in cash for each share of Company common stock they own (a mere 8.4% premium to the stock’s May 23, 2017 closing price), in a transaction valued at approximately $1.835 billion.
If you own Fidelity & Guaranty Life common stock, 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) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.