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PHH Corporation (PHH)

Merger

Overview
  • Date:
  • 2/28/2018
  • Company Name:
  • PHH Corporation
  • Stock Symbol:
  • PHH
  • Company Name - Buyer:
  • Ocwen Financial Corporation
  • Status:
  • Closed/Complete

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NEW YORK, February 28, 2018 – Bragar Eagel & Squire, P.C. is investigating potential claims on behalf of PHH Corporation (NYSE: PHH) stockholders concerning the proposed acquisition of the company by Ocwen Financial Corporation (NYSE: OCN).

Our investigation concerns whether PHH’s board of directors failed to adequately shop the company and obtain the best possible value for its stockholders before entering into a definitive merger agreement with Ocwen.  Under the terms of the agreement, PHH stockholders will receive $11.00 in cash for each share of PHH common stock that they own.

If you own PHH 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) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.

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