NEW YORK, July 8, 2019 /PRNewswire/ -- WeissLaw
LLP is investigating possible breaches of fiduciary duty
and other violations of law by the Board of Directors of Genesee
& Wyoming, Inc. ("Genesee
& Wyoming" or the "Company")
(NYSE: GWR) in connection with the proposed acquisition of the
Company by an affiliate of Brookfield Asset Management Inc. (the
"Affiliate"). Under the terms of the agreement, Genesee &
Wyoming shareholders will receive
$112 per share.
If you own Genesee & Wyoming 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/genesee-wyoming-inc/
Or follow us on Twitter @MarketsAlert
WeissLaw is investigating whether Genesee & Wyoming's Board acted to maximize shareholder
value prior to entering into the acquisition agreement.
Notably, the offer price represents a meager 10% premium over the
Company's June 21 trading price of
$101.18. Moreover, the
acquisition is a strategic transaction which will expand the
Affiliate's global footprint. According to Affiliate's Chief
Executive Officer, "[Genesee & Wyoming] will be a significant addition to our
global rail platform and will expand our presence in this sector to
four continents."
WeissLaw is investigating whether Genesee & Wyoming'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
View original content to download
multimedia:http://www.prnewswire.com/news-releases/shareholder-alert-weisslaw-llp-investigates-the-acquisition-of-genesee--wyoming-inc-300880861.html
SOURCE WeissLaw LLP