SAN DIEGO, Sept. 24, 2014 (GLOBE NEWSWIRE) -- The Shareholders Foundation, Inc. announces that an investor, who currently holds shares TRW Automotive Holdings Corp. (TRW), filed a lawsuit in effort to stop the proposed takeover of TRW Automotive Holdings by ZF Friedrichshafen AG for $105.60 per share.
Investors, who purchased shares of TRW Automotive Holdings Corp. (TRW) prior to September 15, 2014, and currently hold any of those TRW shares, have certain options and should contact the Shareholders Foundation, Inc. at firstname.lastname@example.org or call +1 (858) 779 - 1554.
On September 15, 2014, TRW Automotive Holdings Corp. (TRW) announced it has entered into an agreement with ZF Friedrichshafen AG under which ZF Friedrichshafen AG will acquire all outstanding shares of TRW for US$105.60 per share in an all-cash transaction valued at approximately US$13.5 billion on an enterprise value basis.
However, the plaintiff claims that the offer is too low and undervalues TRW Automotive Holdings Corp. Indeed, at least one analyst has set the high target price for NYSE:TRW shares at $115 per share. In addition the plaintiff alleges that the process is also unfair to TRW stockholders.
Those who currently are TRW Automotive Holdings Corp. (TRW) shares and purchased any of those TRW shares prior to the announcement have certain options and should contact the Shareholders Foundation.
The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and settlement claim filing service, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. The Shareholders Foundation, Inc. is not a law firm. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
CONTACT: Shareholders Foundation, Inc. Michael Daniels +1 (858) 779-1554 email@example.com 3111 Camino Del Rio North Suite 423 San Diego, CA 92108
Source:Shareholders Foundation, Inc.