The Ademi Firm continues to investigate Chart Industries (NYSE:GTLS) for possible breaches of fiduciary duty and other violations of law in its transaction with Baker Hughes.
Click here to learn how to join our investigation and obtain additional information or contact us at gademi@ademilaw.com or toll-free: 866-264-3995. There is no cost or obligation to you.
In the transaction, shareholders of Chart Industries will receive $210 per share in cash, representing a total enterprise value of $13.6 billion. Chart Industries insiders will receive substantial benefits as part of change of control arrangements.
The transaction agreement unreasonably limits competing transactions for Chart Industries by imposing a significant penalty if Chart Industries accepts a competing bid. We are investigating the conduct of the Chart Industries board of directors, and whether they are fulfilling their fiduciary duties to all shareholders.
We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.
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Ademi & Fruchter LLP
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001
