Shareholder Alert: Ademi LLP investigates whether Cornerstone Building Brands, Inc. has obtained a Fair Price in its transaction with Clayton, Dubilier & Rice.

MILWAUKEE, March 7, 2022 /PRNewswire/ -- Ademi LLP is investigating Cornerstone Building Brands (NYSE: CNR) for possible breaches of fiduciary duty and other violations of law in its transaction with Clayton, Dubilier & Rice. 

Click here to learn how to join the action: https://www.ademilaw.com/case/cornerstone-building-brands-inc or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you.

Ademi LLP alleges Cornerstone Building Brands' financial outlook and prospects are excellent and yet Cornerstone Building Brands shareholders will receive only $24.65 in cash per share. The merger agreement and various other asset purchase agreements unreasonably limit competing bids for Cornerstone Building Brands by prohibiting solicitation of further bids, and imposing a significant penalty if Cornerstone Building Brands accepts a superior bid. Cornerstone Building Brands insiders will receive substantial benefits as part of change of control arrangements.

We are investigating the conduct of Cornerstone Building Brands' board of directors, and whether they are (i) fulfilling their fiduciary duties to all shareholders, and (ii) obtaining a fair and reasonable price for Cornerstone Building Brands.

If you own Cornerstone Building Brands common stock and wish to obtain additional information, please contact Guri Ademi either at [email protected] or toll-free: 866-264-3995, or https://www.ademilaw.com/case/cornerstone-building-brands-inc.                       

We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights throughout the country. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.

Contacts

Ademi LLP                                                          
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001

SOURCE Ademi LLP