MILWAUKEE, July 12, 2019 /PRNewswire/ -- Ademi & O'Reilly, LLP is investigating Milacron Holdings Corp. (NYSE: MCRN) for possible breaches of fiduciary duty and other violations of the law in connection with the sale of Milacron to Hillenbrand.
Click here to learn how to join the action: http://ademilaw.com/case/milacron or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you.
Ademi & O'Reilly, LLP alleges Milacron's financial outlook is improving and yet shareholders will receive only the equivalent of $18.07 per share for each share of Milacron common stock they own. Hillenbrand is acquiring Milacron at a substantial discount. The merger agreement unreasonably limits competing bids for Milacron by prohibiting solicitation of further bids, and imposing a termination penalty if Milacron accepts a superior bid. Milacron insiders will receive millions of dollars as part of change of control arrangements. We are investigating on the conduct of Milacron's board of directors, and whether they are (i) fulfilling their fiduciary duties to all shareholders, and (ii) obtaining a fair and reasonable price for Milacron.
If you own common stock in Milacron and wish to obtain additional information, please contact Guri Ademi either at email@example.com or toll-free: 866-264-3995, or http://ademilaw.com/case/milacron.
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