Morgan & Morgan Announces the Investigation of the Fairness of the Proposed Sale of Terex Corporation - TEX

NEW YORK, Aug. 14, 2015 /PRNewswire/ -- Morgan & Morgan announces that it is investigating potential claims against the board of directors of Terex Corporation ("Terex" or the "Company") (NYSE: TEX) concerning possible breaches of fiduciary duty and other violations of law related to the proposed sale of the Company to Konecranes Plc ("Konecranes") in an all-stock transaction valued at approximately $4.2 billion.

If you own shares of Terex and would like to learn more about the Terex shareholder investigation, you may contact Morgan & Morgan at 1(800) 732-5200 or email [e-mail].

Under the terms of the transaction, Terex shareholders will receive 0.80 shares of Konecranes for each Terex share they own.  The investigation relates to whether the proposal is fair to the public shareholders and if the Company's Board of Directors breached their fiduciary duties to shareholders.

About Morgan & Morgan

Morgan & Morgan is one of the nation's largest 200 law firms.  In addition to shareholder rights, the firm also practices in the areas of antitrust, personal injury, consumer protection, overtime, and product liability.  All of the Firm's legal endeavors are rooted in its core mission: provide investor and consumer protection and always fight "for the people."

Attorney advertising.  Prior results do not guarantee a similar outcome.

Contact:
Morgan & Morgan
Peter Safirstein, Esq.
28 West 44^th Street
Suite 2001
New York, NY  10036
1-800-732-5200
[e-mail]

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/morgan--morgan-announces-the-investigation-of-the-fairness-of-the-proposed-sale-of-terex-corporation--tex-300128884.html

SOURCE Morgan & Morgan

Copyright 2015 PR Newswire