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TNB Thomas & Betts Corp.

71.99
0.00 (0.00%)
15 Nov 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Thomas & Betts Corp. NYSE:TNB NYSE Ordinary Share
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 71.99 0.00 00:00:00

Bull & Lifshitz, LLP Announces Investigation of Thomas & Betts Corporation

02/02/2012 4:36pm

PR Newswire (US)


Thomas Betts (NYSE:TNB)
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NEW YORK, Feb. 2, 2012 /PRNewswire/ -- Bull & Lifshitz, LLP announces an investigation into possible breaches of fiduciary duty in connection with the proposed sale of Thomas & Betts Corporation (NYSE: TNB) (referred to as "Thomas & Betts" or the "Company") to ABB Ltd. ("ABB"), in a cash transaction valued at approximately $3.9 billion.

(Logo:  http://photos.prnewswire.com/prnh/20120119/MM38805LOGO )

Under the terms of the agreement, ABB will acquire all outstanding shares of common stock of Thomas & Betts for $72 per share in cash.

Bull & Lifshitz, LLP's investigation is focused on whether the proposed deal provides adequate value to the Company's shareholders.

If you are a holder of Thomas & Betts common stock and want to discuss your legal rights, you may e-mail or call Bull & Lifshitz, LLP who will, without obligation or cost to you, attempt to answer your questions.  

If you are a shareholder of Thomas & Betts and would like more information about our investigation, please contact Joshua M. Lifshitz, Esq. by telephone at (866) 313-6222 or by sending an e-mail including your contact information to: counsel@nyclasslaw.com.  All e-mail correspondence should make reference to Thomas & Betts.

Bull & Lifshitz, LLP is a New York City-based law firm with significant experience representing investors in merger-related shareholder class actions, shareholder derivative actions, and securities fraud class actions.  For more information about the firm, please visit our website at www.nyclasslaw.com.

ATTORNEY ADVERTISING. © 2012 Bull & Lifshitz, LLP.  The law firm responsible for this advertisement is Bull & Lifshitz, LLP, 18 East 41st Street, New York, New York 10017, (212) 213-6222.  Prior results do not guarantee or predict a similar outcome with respect to any future matter.

Contact:

Joshua M. Lifshitz, Esq.

Bull & Lifshitz, LLP

Phone:   212-213-6222

Fax:      212-213-9405

Email: counsel@nyclasslaw.com

 

SOURCE Bull & Lifshitz, LLP

Copyright 2012 PR Newswire

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