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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 | 01:00:00 |
Law Offices of Howard G. Smith announces that it is investigating potential claims against the Board of Directors of Thomas & Betts Corporation ( “Thomas & Betts” or the “Company”) (NYSE:TNB) related to the proposed acquisition of the Company by ABB Limited. The transaction is valued at approximately $3.9 billion or $72.00 per share.
The investigation concerns whether the Board of Directors of Thomas & Betts breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into the proposed transaction, and whether the Company has disclosed all material information to shareholders about the transaction. The Company has seen substantial recent growth. Its share price has skyrocketed from $37.95 on August 22, 2011 to $58.18 on January 20, 2012.
If you are a shareholder of Thomas & Betts, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at 215-638-4847, Toll Free at 888-638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at http://www.howardsmithlaw.com.
1 Year Thomas Betts Chart |
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