Calgon Carbon (CCC) Alert: Johnson Fistel Investigates Proposed Sale of Calgon Carbon Corporation; Are Shareholders Getting a Fair Price?
SAN DIEGO, Sept. 21, 2017 /PRNewswire/ -- Shareholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of Calgon Carbon Corporation (NYSE: CCC) ("Calgon Carbon") breached their fiduciary duties in connection with the proposed sale of the Company to Kuraray Co., Ltd. Calgon Carbon provides products and services to protect human health and the environment from harmful contaminants in water and air primarily in the United States, Europe, and Japan.
On September 21, 2017, Calgon Carbon announced that it had signed a definitive merger agreement with Kuraray. Terms of the deal call for shareholders to receive $21.50 per share for each share of Calgon Carbon stock they own.
The investigation concerns whether the Calgon Carbon board failed to satisfy its duties to the Company shareholders, including whether the board adequately pursued alternatives to the acquisition and whether the board obtained the best price possible for Calgon Carbon shares of common stock.
If you are a shareholder of Calgon Carbon and believe the proposed buyout price is too low or you're interested in learning more about the investigation or your legal rights and remedies, please contact lead analyst Jim Baker ([email protected]) at 619-814-4471. If emailing, please include a phone number.
About Johnson Fistel, LLP:
Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonfistel.com. Attorney advertising. Past results do not guarantee future outcomes.
Contact:
Johnson Fistel, LLP
Jim Baker, 619-814-4471
[email protected]
SOURCE Johnson Fistel, LLP
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