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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Warner Music Grp. Corp | NYSE:WMG | NYSE | Ordinary Share |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 8.25 | 0.00 | 01:00:00 |
Tripp Levy PLLC, a leading national securities law firm, announces an investigation into the proposed acquisition of Warner Music Group Corp. (NYSE:WMG) Access Industries for all the outstanding common shares of Warner for $8.25 per share.
However, it was recently reported by Reuters that the private equity firm Gores Group is interested in acquiring Warner for up to $8.50 per share.
The investigation concerns, among other things, whether the consideration to be paid to Warner shareholders is unfair, inadequate, and substantially below the fair or inherent value of Warner. The investigation further concerns the board of directors of Warner may have breached their fiduciary duties by not acting in Warner shareholders' best interests in connection with the sale process of Warner.
If you own Warner common stock and you wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:
Tripp LevyTripp Levy PLLC125 East 82nd Street9th FloorNew York, New YorkToll Free: 877-772-3975Email: contact@tripplevy.com
Tripp Levy PLLC is a national law firm that specializes in mergers & acquisitions, takeover litigation, shareholder rights, and corporate governance matters in state and federal courts throughout the United States.
Attorney advertising. Prior results do not guarantee a similar outcome.
1 Year Warner Music Crp Chart |
1 Month Warner Music Crp Chart |
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