We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
OMNOVA Solutions Inc | NYSE:OMN | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 10.14 | 0 | 01:00:00 |
NEW YORK, July 8, 2019 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of OMNOVA Solutions Inc. ("OMNOVA" or the "Company") (NYSE: OMN) in connection with the proposed acquisition of the Company by Synthomer Plc ("Synthomer"). Under the terms of the agreement, the Company's shareholders will receive $10.15 in cash for each OMNOVA share they own.
If you own OMNOVA shares and wish to discuss this investigation or have any questions concerning this notice or your rights or interests, please contact:
Joshua Rubin, Esq.
WeissLaw LLP
1500 Broadway, 16th Floor
New York, NY 10036
(212) 682-3025
(888) 593-4771
stockinfo@weisslawllp.com
Visit our website
http://www.weisslawllp.com/omnova-solutions-inc/
Or follow us on Twitter @MarketsAlert
WeissLaw is investigating whether OMNOVA's Board acted to maximize shareholder value prior to entering into the acquisition agreement. Notably, OMNOVA shares have traded for as much as $10.70, or $0.55 above the offer price. Additionally, on that same day, the Company announced its tenth consecutive quarter of year-over-year volume growth in its Specialty Solutions segment. It reported net sales for Specialty Solutions of $142.3 million in the second quarter of 2019, representing an increase of $13.5 million, or 10.5%, year-over-year when compared to the figures reported in the same period of the prior year.
WeissLaw is investigating whether OMNOVA's Board conducted a fair process in agreeing to the proposed acquisition, whether the proposed acquisition undervalues the Company, and whether all material information related to the proposed acquisition is fully and fairly disclosed.
WeissLaw LLP has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties. We have recovered over a billion dollars for defrauded clients and obtained important corporate governance relief in many of these cases. If you have information or would like legal advice concerning possible corporate wrongdoing (including insider trading, waste of corporate assets, accounting fraud, or materially misleading information), consumer fraud (including false advertising, defective products, or other deceptive business practices), or anti-trust violations, please email us at stockinfo@weisslawllp.com
View original content to download multimedia:http://www.prnewswire.com/news-releases/shareholder-alert-weisslaw-llp-investigates-omnova-solutions-inc-300881122.html
SOURCE WeissLaw LLP
Copyright 2019 PR Newswire
1 Year OMNOVA Solutions Chart |
1 Month OMNOVA Solutions Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions