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NXEO Nexeo Solutions, Inc.

9.93
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Nexeo Solutions, Inc. NASDAQ:NXEO NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 9.93 9.87 9.80 0 01:00:00

Kaskela Law LLC: Investigation of Nexeo Solutions, Inc. on Behalf of Stockholders – NXEO

21/12/2018 4:30pm

Business Wire


Nexeo Solutions, Inc. (NASDAQ:NXEO)
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Kaskela Law LLC is investigating Nexeo Solutions, Inc. (“Nexeo” or the “Company”) (NASDAQ: NXEO) on behalf of the Company’s stockholders.

Additional information about this investigation may be found at http://kaskelalaw.com/case/nexeo/.

On September 17, 2018, Nexeo announced that it had agreed to be acquired by Univar Inc. (“Univar”). According to the announcement, Nexeo stockholders would receive up to $3.29 per share in cash, and fractional shares of Univar stock, in exchange for their shares of Nexeo common stock.

On December 17, 2018, Univar filed an Amended Registration Statement to provide additional details about the proposed transaction. Therein, and due to an approximate 25% decline in the value of Univar’s shares since the time the proposed transaction was announced, Univar reported that “the per share value of Nexeo common stock implied by the merger consideration is $8.72, representing cash consideration of $2.88 and stock consideration with an implied value of $5.84.”

The investigation seeks to determine whether the proposed transaction as structured undervalues Nexeo’s shares, and whether Nexeo’s Board of Directors violated the securities laws and/or breached their fiduciary duties to stockholders in connection with the proposed transaction.

Nexeo stockholders are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq.) at (888) 715 – 1740 to discuss this investigation and their legal rights and options. Additional information about this investigation may also be found at http://kaskelalaw.com/case/nexeo/.

Kaskela Law LLC exclusively represents stockholders in state and federal actions throughout the country. For additional information about Kaskela Law LLC please visit www.kaskelalaw.com.

This notice may constitute attorney advertising in certain jurisdictions.

D. Seamus Kaskela, Esq.KASKELA LAW LLC201 King of Prussia RoadSuite 650Radnor, PA 19087(888) 715-1740(484) 258-1585skaskela@kaskelalaw.comwww.kaskelalaw.com

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