NEW YORK, Aug. 9, 2019 /PRNewswire/ -- WeissLaw LLP is
conducting an active investigation of possible breaches of
fiduciary duty and other violations of law by the Board of
Directors of Wesco Aircraft Holdings, Inc. ("Wesco" or the
"Company") (NYSE: WAIR) in connection with the proposed merger of
the Company with an affiliate of Platinum Equity. Under the
terms of the agreement, Wesco shareholders will receive
$11.05 per WAIR share.
If you own Wesco shares and wish to discuss
this investigation or have any questions concerning this notice or
your rights or interests, please contact:
Joshua Rubin,
Esq.
WeissLaw LLP
1500 Broadway, 16th Floor
New York, NY 10036
(212) 682-3025
(888) 593-4771
stockinfo@weisslawllp.com
Visit our
website
http://www.weisslawllp.com/wesco-aircraft-holdings-inc/
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WeissLaw is investigating whether Wesco's Board acted
to maximize shareholder value prior to entering into the
agreement. Notably, the offer price is approximately
$2.00 less than the analyst target
price of $13.00, and $3.18 less than the Company's 52-week high of
$14.23. Additionally, Wesco
recently announced positive financial results. It reported
net sales increased 7.8% to $442.4
million in the second quarter of fiscal year 2019.
Given these facts, WeissLaw is concentrating its investigation
on whether the merger enhances shareholder value. WeissLaw is
also concerned whether the proposed merger undervalues the Company,
and whether all material information related to the proposed merger
is fully and fairly disclosed.
WeissLaw LLP has litigated hundreds of stockholder class and
derivative actions for violations of corporate and fiduciary
duties. We have recovered over a billion dollars for
defrauded clients and obtained important corporate governance
relief in many of these cases. If you have information or
would like legal advice concerning possible corporate wrongdoing
(including insider trading, waste of corporate assets, accounting
fraud, or materially misleading information), consumer fraud
(including false advertising, defective products, or other
deceptive business practices), or anti-trust violations, please
email us at stockinfo@weisslawllp.com.
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SOURCE WeissLaw LLP