NEW YORK, Feb. 26, 2020 /PRNewswire/ -- Moore Kuehn, PLLC,
a securities law firm located on Wall Street in downtown
New York City, is investigating
potential claims concerning whether the following proposed mergers
are fair to shareholders. Moore Kuehn may ultimately seek
increased consideration, additional disclosures, or other relief
and benefits on behalf of the shareholders of these
companies:
WPX Energy, Inc. (NYSE: WPX)
WPX has agreed to purchase Felix Energy Holdings II, LLC for
$2.5 billion, consisting of
$900 million in cash and 152,963,671
shares of WPX.
SORL Auto Parts, Inc. (NASDAQ: SORL)
SORL has agreed to be acquired by Ruili International.
Under the proposed transaction shareholders of SORL will receive
$4.72 for every share of SORL
owned.
Anixter International Inc.
(NYSE: AXE)
Anixter International has agreed to be acquired by WESCO
International. Under the proposed transaction shareholders of
Anixter will receive $70.00 in cash,
0.2937 shares of WESCO common stock, and 0.6356 depositary share
for every share of Anixter owned.
CSS Industries, Inc. (NYSE: CSS)
CSS Industries has agreed to be acquired by IG Design Group
Americas. Under the proposed transaction shareholders of CSS
will receive $9.40 for every share of
CSS owned.
Tallgrass Energy, LP (NYSE: TGE)
TGE has agreed to be acquired by affiliates of Blackstone.
Under the proposed transaction shareholders of TGE will receive
$22.45 or every share of TGE
owned.
Moore Kuehn is investigating whether the Boards of the
above companies 1) acted to maximize shareholder value, 2) failed
to disclose material information, and 3) conducted a fair
process.
Moore Kuehn encourages shareholders who would like to discuss
their rights to contact Justin Kuehn,
Esq. by email at jkuehn@moorekuehn.com or telephone at (212)
709-8245. The consultation and case are free with no
obligation to you. Shareholders should
contact the firm immediately as there may be limited time to
enforce your rights.
Moore Kuehn is a 5-star New York
City-based law firm with attorneys representing investors
and consumers in class action litigation involving securities law
violations, financial fraud, breaches of fiduciary duties, and
other claims. For additional information about Moore Kuehn,
please go to
http://www.moorekuehn.com/practice/new-york-securities-litigation/.
Attorney advertising. Prior results do not guarantee similar
outcomes.
Contacts:
Moore Kuehn, PLLC
Justin Kuehn, Esq.
30 Wall Street, 8th Floor
New York, New York 10005
jkuehn@moorekuehn.com
(212) 709-8245
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