Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of BE Aerospace Inc (NASDAQ: BEAV) acted responsibly on behalf of investors’ profitability in the planned $8.3 billion sale to Rockwell Collins Inc (NYSE: COL).
On October 24, 2016, BE Aerospace Inc (NASDAQ: BEAV) and Rockwell Collins Inc (NYSE: COL) announced that they had entered into a merger agreement. Under the terms of the merger agreement, BE Aerospace shareholders will receive $34.10 in cash and $27.90 in shares of Rockwell Collins common stock for each share of BE Aerospace stock they own, for a total value of $62.00 per share.
Based in Wellington, Florida, and founded in 1987 BE Aerospace Inc designs, manufactures, sells, and services cabin interior products for commercial aircraft and business jets worldwide.
The investigation focuses on whether NASDAQ: BEAV investors received the highest price and whether the directors of BE Aerospace Inc acted in the best interest of BE Aerospace Inc company and its shareholders.
If you purchased BE Aerospace Inc (NASDAQ: BEAV) prior to October 24, 2016, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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