Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Joy Global Inc (NYSE: JOY) acted responsibly on behalf of investors’ profitability in the planned $3.7 billion sale to Komatsu America Corp.
On July 21, 2016, Joy Global Inc (NYSE: JOY) and Komatsu America Corp announced that they had entered into a merger agreement. Under the terms of the merger agreement, Komatsu America will offer Joy Global shareholders $28.30 per share in cash for all outstanding shares.
Based in Milwaukee, Wisconsin, and founded in 1884 Joy Global Inc manufactures and services mining equipment for extraction of coal, copper, iron ore, oil sands, gold, and other minerals and ores internationally.
The investigation focuses on whether NYSE: JOY investors received the highest price and whether the directors of Joy Global Inc acted in the best interest of Joy Global Inc company and its shareholders.
If you purchased Joy Global Inc (NYSE: JOY) prior to July 21, 2016, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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