NEW YORK, Dec. 03, 2018 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C. reminds investors that it is investigating potential claims on behalf of stockholders of SendGrid, Inc., WildHorse Resource Development Corporation, and LSC Communications, Inc. Additional information about each potential action can be found at the link provided.
SendGrid, Inc. (NYSE: SEND)
Buyer: Twilio Inc.
Pursuant to the proposed transaction, announced on October 15, 2018 and valued at $2 billion, SendGrid stockholders will receive 0.485 shares of Twilio for each share of SendGrid common stock owned. The investigation focuses on whether SendGrid and its board of directors violated the federal securities laws and/or breached their fiduciary duties to the Company’s stockholders by failing to conduct a fair process and whether and by how much the proposed transaction undervalues the Company.
To learn more about the SendGrid investigation go to: https://bespc.com/send/.
WildHorse Resource Development Corporation (NYSE: WRD)
Buyer: Chesapeake Energy Corporation
Pursuant to the proposed transaction, announced on October 30, 2018 and valued at $3.9 billion, WildHorse stockholders will receive 5.336 shares of Chesapeake and $3.00 in cash for each share of WildHorse common stock owned. The investigation focuses on whether WildHorse and its board of directors violated the federal securities laws and/or breached their fiduciary duties to the Company’s stockholders by failing to conduct a fair process and whether and by how much the proposed transaction undervalues the Company.
To learn more about the WildHorse investigation go to: https://bespc.com/wrd/.
LSC Communications, Inc. (NYSE: LKSD)
Buyer: Quad/Graphics, Inc.
Pursuant to the proposed transaction, announced on October 31, 2018 and valued at $1.4 billion, LSC stockholders will receive 0.625 shares of Quad/Graphics for each share of LSC common stock owned. The investigation focuses on whether LSC and its board of directors violated the federal securities laws and/or breached their fiduciary duties to the Company’s stockholders by failing to conduct a fair process and whether and by how much the proposed transaction undervalues the Company.
To learn more about the LSC Communications investigation go to: https://bespc.com/lksd/.
Bragar Eagel & Squire, P.C. is a New York-based law firm concentrating in commercial and securities litigation. For additional information about Bragar Eagel & Squire, P.C. please go to www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.
Contacts
Bragar Eagel & Squire, P.C.
Brandon Walker, Esq.
Melissa Fortunato, Esq.
(212) 308-1869
investigations@bespc.com
www.bespc.com