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Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of WABCO Holdings Inc (NYSE: WBC) acted responsibly on behalf of investors’ profitability in the planned sale to ZF Friedrichshafen AG.
On May 28, 2019, WABCO Holdings Inc (NYSE: WBC) and ZF Friedrichshafen AG announced that they had entered into a merger agreement. Under the terms of the merger agreement, ZF Friedrichshafen AG will offer WABCO shareholders $136.50 per share in cash for all outstanding shares.
Based in Brussels, Belgium, and founded in 1972 WABCO Holdings Inc sells its products to truck and bus original equipment manufacturers (OEMs), trailer OEMs, and car manufacturers; and manufacturers of heavy duty and off-highway vehicles in agriculture, construction, mining, and other industries.
The investigation focuses on whether NYSE: WBC investors received the highest price and whether the directors of WABCO Holdings Inc acted in the best interest of WABCO Holdings Inc company and its shareholders.
If you purchased WABCO Holdings Inc (NYSE: WBC) prior to May 28, 2019, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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