Shareholder Alert: Ademi LLP investigates whether Weber Inc. has obtained a Fair Price in its Transaction with BDT
MILWAUKEE, Dec. 12, 2022 /PRNewswire/ -- Ademi LLP is investigating Weber (NYSE: WEBR) for possible breaches of fiduciary duty and other violations of law in its transaction with BDT.
Click here to learn how to join the action https://www.ademilaw.com/case/weber-inc or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you.
Ademi LLP alleges Weber's financial outlook and prospects are excellent and yet Weber shareholders are expected to receive only $8.05 per share of Class A common stock of Weber, which implies a total enterprise value of $3.7 billion for Weber. The transaction agreement unreasonably limits competing bids for Weber by imposing a significant penalty if Weber accepts a superior bid. Weber insiders will receive substantial benefits as part of change of control arrangements.
We are investigating the conduct of Weber's board of directors, and whether they are (i) fulfilling their fiduciary duties to all shareholders, and (ii) obtaining a fair and reasonable price for Weber.
If you own Weber 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/weber-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
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