The Law Offices of Vincent Wong Announce an Investigation of Goodrich Corp.
September 26 2011 - 8:33PM
Business Wire
The Law Offices of Vincent Wong are investigating the Board of
Directors of Goodrich Corp. (NYSE: GR) for possible breaches of
fiduciary duty and other violations of state law in connection with
the sale of the Company to United Technologies Corp. (NYSE: UTX).
Under the terms of the deal, Goodrich shareholders will receive
$127.50 per share of Goodrich stock. The transaction has a total
approximate value of $18.4 billion, including $1.9 billion in net
debt.
To get more information and join the action, click here:
http://www.wongesq.com/goodrich.html.
The investigation concerns whether the Goodrich Board of
Directors breached their fiduciary duties to Goodrich stockholders
by failing to adequately shop the Company before entering into this
transaction and whether United Technologies Corp. is underpaying
for Goodrich shares. According to Thomson/First Call, at least one
analyst set a price target of $130.00 per Goodrich share.
If you own common stock in Goodrich and wish to obtain
additional information, please contact Vincent Wong, Esq. either
via email vw@wongesq.com, by telephone at 212.584.2740, or visit
http://www.wongesq.com/goodrich.html.
Vincent Wong, Esq. is an experienced attorney that has
represented investors in securities litigations involving financial
fraud and violations of shareholder rights. Attorney advertising.
Prior results do not guarantee similar outcomes.
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