Harwood Feffer LLP Announces Investigation of Breeze-Eastern Corporation
Nov 19, 2015
NEW YORK, Nov. 19, 2015 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Breeze-Eastern Corporation ("Breeze-Eastern" or the "Company") (NYSE: BZC) concerning the proposed acquisition of the Company by TransDigm Group Incorporated ("TransDigm").
Under the terms of the offer, TransDigm would acquire Breeze-Eastern in a transaction valued at approximately $206 million. Pursuant to the deal, Breeze-Eastern stockholders would receive $19.61 per share in cash. The offer price constitutes a discount of 6.6% below Breeze-Eastern's closing price the before announcement of the transaction.
Our investigation concerns whether the Breeze-Eastern board of directors is fulfilling its fiduciary duties, maximizing the value of the Company, disclosing all material benefits and costs, and obtaining full and fair consideration for Company stockholders.
If you own Breeze-Eastern shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:
Benjamin I. Sachs-Michaels, Esq.
Robert I. Harwood, Esq.
Craig Lowther
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
(212) 935-7400
Email: bsachsmichaels@hfesq.com
Website: http://www.hfesq.com
Follow us on Twitter: @HarwoodFeffer
Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.
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