NEW YORK, Jan. 11, 2017 /PRNewswire/ -- Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a boutique securities firm headquartered at the Empire State Building in New York City, is investigating the Time Warner, Inc. ("Time Warner" or the "Company")(NYSE: TWX) for potential federal law violations and/or breaches of fiduciary duties in connection the sale of the Company to AT&T Inc. Under the terms of the agreement, Time Warner shareholders will receive $53.75 in cash, plus a number of shares of AT&T common stock equal to a determined exchange ratio. If the average stock price is between (or equal to) $37.411 and $41.349 per share, the exchange ratio will be the quotient obtained by dividing $53.75 by the average stock price. If the average stock price is greater than $41.349, the exchange ratio will be 1.300. If the average stock price is less than $37.411, the exchange ratio will be 1.437.
Click here for more information: www.monteverdelaw.com/investigations. It is free and there is no cost or obligation to you.
The investigation focuses on whether Time Warner and its Board of Directors have violated federal laws and/or breached their fiduciary duties to the Company's stockholders by 1) failing to conduct a fair sales process 2) whether and by how much this proposed transaction undervalues the Company and 3) failing to disclose all material information in connection with the upcoming Feb. 15, 2017 shareholder meeting.
Monteverde & Associates PC is a boutique class action securities and consumer litigation law firm committed to protecting shareholders and consumers from corporate wrongdoing. Monteverde & Associates PC lawyers have significant experience litigating Mergers & Acquisitions and Securities Class Actions, whereby they protect investors by recovering money and remedying corporate misconduct.
If you own common stock in Time Warner and wish to obtain additional information and protect your investments free of charge, please visit us at www.monteverdelaw.com/investigations or Juan E. Monteverde, Esq. either via e-mail at [email protected] or by telephone at (212) 971-1341.
Contact:
Juan E. Monteverde, Esq.
MONTEVERDE & ASSOCIATES PC
The Empire State Building
350 Fifth Ave. 59th Floor
New York, NY 10118
United States of America
[email protected]
Tel: (212) 971-1341
Attorney Advertising. (C) 2016 Monteverde & Associates PC. The law firm responsible for this advertisement is Monteverde & Associates PC (www.monteverdelaw.com). Prior results do not guarantee a similar outcome with respect to any future matter.
SOURCE MONTEVERDE & ASSOCIATES PC
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