Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Nortek Inc (NASDAQ: NTK) acted responsibly on behalf of investors’ profitability in the planned $2.8 billion sale to Melrose Industries PLC.
On July 6, 2016, Nortek Inc (NASDAQ: NTK) and Melrose Industries PLC announced that they had entered into a merger agreement. Under the terms of the merger agreement, Melrose will offer Nortek shareholders $86.00 per share in cash for all outstanding shares
Based in Providence, Rhode Island, and founded in 1967 Nortek Inc manufactures and sells products for remodeling and replacement, residential and commercial new construction, and personal and enterprise computer markets.
The investigation focuses on whether NASDAQ: NTK investors received the highest price and whether the directors of Nortek Inc acted in the best interest of Nortek Inc company and its shareholders.
If you purchased Nortek Inc (NASDAQ: NTK) prior to July 6, 2016, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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