NEW YORK, Feb. 24, 2022 (GLOBE NEWSWIRE) -- Moore Kuehn, PLLC, a law firm focusing in securities litigation 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 seek increased consideration, additional disclosures, or other relief on behalf of the shareholders of these companies:
- TEGNA Inc. (NYSE: TGNA)
Tenga has agreed to merge with an affiliate of Standard General L.P. Under the proposed transaction, Tenga shareholders will receive $24.00 in cash per share.
- Meritor, Inc. (NYSE: MTOR)
Meritor has agreed to merge with Cummins. Under the proposed transaction, Meritor shareholders will receive $36.50 in cash per share.
- Houghton Mifflin Harcourt Company (NASDAQ: HMHC)
Houghton Mifflin has agreed to merge with affiliates of Veritas Capital. Under the proposed transaction, Houghton Mifflin shareholders will receive $21.00 in cash per share.
- Tenneco Inc. (NYSE: TEN)
Tenneco has agreed to merge with affiliates of Apollo. Under the proposed transaction, Tenneco shareholders will receive $20.00 in cash per share.
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. Moore Kuehn pays all case costs and does not charge its investor clients. Shareholders should contact the firm immediately as there may be limited time to enforce your rights.
Moore Kuehn is a 5-star client-rated New York City law firm with attorneys representing investors and consumers in litigation involving securities laws, fraud, breaches of fiduciary duties, and other claims. For additional information about Moore Kuehn, please visit 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
