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Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of WABCO Holdings Inc. (NYSE: WBC) to ZF Friedrichshafen AG. Under the terms of the transaction, WABCO shareholders will receive $136.50 per share.
The WABCO merger investigation concerns whether the Board of WABCO breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether ZF Friedrichshafen AG is underpaying for WABCO shares, thus unlawfully harming WABCO shareholders.
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