NEW YORK, May 10, 2019 /PRNewswire/ -- WeissLaw
LLP is investigating possible breaches of fiduciary duty and
other violations of law by the Board of Directors of Zayo Group
Holdings, Inc. ("Zayo" or the "Company") (NYSE: ZAYO) in connection
with the proposed acquisition of the Company by Digital Colony
Partners LP and EQT Infrastructure IV Fund. Under the terms
of the acquisition agreement, Zayo shareholders will receive
$35.00 per share.
If you own Zayo shares and wish to discuss
this investigation or have any questions concerning this notice or
your rights or interests, please contact:
Joshua Rubin,
Esq.
WeissLaw LLP
1500 Broadway, 16th Floor
New York, NY 10036
(212) 682-3025
(888) 593-4771
stockinfo@weisslawllp.com
Visit our website
http://www.weisslawllp.com/
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WeissLaw is investigating whether Zayo's Board acted to
maximize shareholder value prior to entering into the acquisition
agreement. Notably, Zayo has traded at around $37.09 per share. An investment banking
firm and research company has set a price target of $45.00 per share.
Given these facts, WeissLaw is concentrating its investigation
on whether Zayo's Board conducted a fair process in agreeing to the
proposed acquisition, whether the proposed acquisition undervalues
the Company, and whether all material information related to the
proposed acquisition is fully and fairly disclosed.
WeissLaw LLP has litigated hundreds of stockholder class and
derivative actions for violations of corporate and fiduciary
duties. We have recovered over a billion dollars for
defrauded clients and obtained important corporate governance
relief in many of these cases. If you have information or
would like legal advice concerning possible corporate wrongdoing
(including insider trading, waste of corporate assets, accounting
fraud, or materially misleading information), consumer fraud
(including false advertising, defective products, or other
deceptive business practices), or anti-trust violations, please
email us at stockinfo@weisslawllp.com.
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SOURCE WeissLaw LLP