Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Remy International Inc (NASDAQ: REMY)acted responsibly on behalf of investors’ profitability in the planned $1.2 billion sale to BorgWarner Inc (NYSE: BWA). 

On July 13, 2015, Remy International Inc (NASDAQ: REMY)and BorgWarner Inc (NYSE: BWA)announced that they had entered into a merger agreement. Under the terms of the merger agreement, BorgWarner will offer Remy shareholders $29.50 per share in cash for all outstanding shares.    

Based in Pendleton, IN, and founded in 1896 Remy International Inc manufactures, designs, and markets rotating electrical components for automobiles, light trucks, heavy-duty trucks, and other vehicles primarily in North America, Europe, Latin America, and Asia. Remy sells and distributes its products through its direct sales force under the Delco Remy, Remy, World Wide Automotive, and USA Industries brand names. 

The investigation is looking to uncover whether Remy International Inc was undervalued at the cost of the shareholders considering one analyst’s opinion of their stock is valued at $31.00 per share. 

If you purchased Remy International Inc (NASDAQ: REMY) prior to July 13, 2015, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.  

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