INVESTOR ALERT: Brower Piven Commences an Investigation into the Proposed Sale of The Valspar Corp. & Encourages Shareholders...
March 28 2016 - 03:35PM
Business Wire
The securities litigation law firm of Brower Piven, A
Professional Corporation, announces that it is investigating
potential legal claims against the board of directors of The
Valspar Corporation (“Valspar” or the “Company”) (NYSE: VAL)
regarding possible breaches of fiduciary duties and other
violations of law related to the Company’s entry into an agreement
to be acquired by The Sherwin-Williams Company, in a transaction
valued at approximately $11.3 billion.
Under the terms of the agreement, shareholders of Valspar will
receive $113.00 in cash for each share of Valspar common stock
held. The firm’s investigation seeks to determine, among other
things, whether the Company’s Board of Directors failed to satisfy
their duties to shareholders, including whether the Board
adequately pursued alternatives to the acquisition and whether the
Board obtained the best price possible for the Company’s shares of
common stock.
If you currently own the Company’s common stock and believe that
the proposed buyout price is too low, or you would like to learn
more about the investigation being conducted by Brower Piven,
please visit our website at
http://www.browerpiven.com/currentinvestigations.html. You may also
request more information by contacting Brower Piven either by email
at hoffman@browerpiven.com or by telephone at (410) 415-6616.
Attorneys at Brower Piven have extensive experience in
litigating securities and other class action cases and have been
advocating for the rights of shareholders since the 1980s.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20160328005654/en/
Brower Piven, A Professional CorporationCharles J. Piven,
410-415-66161925 Old Valley RoadStevenson, Maryland
21153hoffman@browerpiven.com
Valaris (NYSE:VAL)
Historical Stock Chart
From Feb 2024 to Mar 2024
Valaris (NYSE:VAL)
Historical Stock Chart
From Mar 2023 to Mar 2024