Philadelphia, Pennsylvania–(Newsfile Corp. – December 29, 2022) – Kehoe Law Firm, PC is investigating whether the directors of Weber Inc. (“Weber”) WEBR breached their fiduciary duties to Weber shareholders in approving a merger with affiliates of BDT Capital Partners, LLC (“BDT Capital”) for inadequate consideration.
The investigation concerns whether Weber’s board of directors failed to maximize the value of Weber for the benefit of Weber’s shareholders in connection with its announced merger with BDT Capital, in breach of their fiduciary duties to BDT Capital’s shareholders, and whether Weber’s shareholders have suffered damages as a result
On December 11, 2022, Weber entered into an agreement to be bought out by BDT Capital for $8.05 per share in a transaction valued at approximately $3.7 billion.
WEBER INVESTORS ARE ENCOURAGED TO CLICK HERE TO CONTACT KEHOE LAW FIRM, PC AND PROVIDE DETAILS OF THEIR TREAN INSURANCE SECURITIES.
WEBER SHAREHOLDERS ARE ALSO ENCOURAGED TO CONTACT MICHAEL YARNOFF, ESQ., (215) 792-6676, EXT. 804 [email protected], [email protected]TO DISCUSS THE INVESTIGATION AND FOR A FREE, NO-OBLIGATION EVALUATION OF POTENTIAL LEGAL CLAIMS.
Kehoe Law Firm, PC, with offices in New York and Philadelphia, is a multidisciplinary, plaintiff-side law firm dedicated to protecting investors from securities fraud, breaches of fiduciary duties, and corporate misconduct. Combined, the partners at Kehoe Law Firm, PC have served as Lead Counsel or Co-Lead Counsel in cases that have recovered more than $10 billion on behalf of institutional and individual investors.
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