1. Halper Sadeh LLC is investigating MRC Global Inc. for potential securities violations. 2. MRC is set to merge with DNOW Inc. at a share exchange rate of 0.9489. 3. DNOW shareholders will own roughly 56.5% of the new combined entity. 4. Investors are urged to understand their legal rights regarding the transaction. 5. Legal scrutiny may lead to increased consideration for MRC shareholders.
The investigation implies possible fiduciary breaches, which historically negatively impacts stock prices.
Legal investigations often affect shareholder confidence and stock prices directly.
Immediate consequences likely from legal scrutiny on the merger process.
Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
Sale to DNOW Inc. for 0.9489 shares of DNOW common stock for each share of MRC common stock. If you are a MRC shareholder, click here to learn more about your legal rights and options.
Sale to XOMA Royalty Corporation for $0.34 in cash per share plus one non-transferable contingent value right. If you are a Turnstone shareholder, click here to learn more about your legal rights and options.
Merger with MRC Global Inc. Upon completion of the proposed transaction, DNOW shareholders will own approximately 56.5% of the combined company on a fully diluted basis. If you are a DNOW shareholder, click here to learn more about your legal rights and options.
Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders. We would handle the action on a contingent fee basis, whereby you would not be responsible for out-of-pocket payment of our legal fees or expenses.
Shareholders are encouraged to contact the firm free of charge to discuss their legal rights and options. Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email info@halpersadeh.com or contact@halpersadeh.com.
Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Halper Sadeh LLC
Daniel Sadeh, Esq.
Zachary Halper, Esq.
(212) 763-0060
info@halpersadeh.com
contact@halpersadeh.com
https://www.halpersadeh.com
SOURCE Halper Sadeh LLP