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Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Global Brass & Copper Holdings, Inc. (NYSE: BRSS) to Wieland-Werke AG. Under the terms of the transaction, GBC shareholders will receive $44 per share.
The GBC merger investigation concerns whether the Board of GBC breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Wieland Werke AG is underpaying for GBC shares, thus unlawfully harming GBC shareholders.
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