NEW YORK, Sept. 21, 2018 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C. reminds investors that it is investigating potential claims on behalf of stockholders of K2M Group Holdings, Inc., WSI Industries, Inc., and Engility Holdings Inc. Additional information about each potential action can be found at the link provided.
K2M Group Holdings, Inc. (KTWO)
Buyer: Stryker Corporation
Pursuant to the proposed transaction, announced on August 30, 2018 and valued at $1.4 billion, K2M stockholders will receive $27.50 in cash for each share of K2M common stock owned. The investigation focuses on whether K2M 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 K2M Group investigation go to: http://bespc.com/k2m/.
WSI Industries, Inc. (WSCI)
Buyer: Polaris Industries Inc.
Pursuant to the proposed transaction, announced on September 6, 2018 and valued at $23.9 million, WSI stockholders will receive $7.00 in cash for each share of WSI common stock owned. The investigation focuses on whether WSI 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 WSI Industries investigation go to: https://bespc.com/wsci/.
Engility Holdings Inc. (EGL)
Buyer: Science Applications International Corp.
Pursuant to the proposed transaction, announced on September 10, 2018 and valued at $2.5 billion, Engility stockholders will receive 0.45 shares of Science Applications for each share of Engility common stock owned. The investigation focuses on whether Engility 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 Engility investigation go to: https://bespc.com/engility/.
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.
Contacts
Bragar Eagel & Squire, P.C.
Brandon Walker, Esq.
Melissa Fortunato, Esq.
(212) 308-1869
investigations@bespc.com
www.bespc.com