NEW YORK, June 16, 2020 /PRNewswire/ -- Moore Kuehn,
PLLC, a law firm focusing in securities litigation located on Wall
Street in downtown New York City,
is investigating potential claims concerning whether the following
proposed mergers are fair to shareholders. Moore Kuehn may
ultimately seek increased consideration, additional disclosures, or
other relief and benefits on behalf of the shareholders of
these companies:
- Grubhub, Inc. (NASDAQ: GRUB)
Grubhub has signed an agreement to merge with Just Eat
Takeaway.com. Under the proposed transaction, shareholders of
Grubhub will receive American depository receipts ("ADRs"),
representing 0.6710 shares of Just Eat.
- Finjan Holdings, Inc. (NASDAQ: FNJN)
Finjan has agreed to be acquired by affiliates of Fortress
Investment Group LLC. Under the proposed transaction,
shareholders of Finjan will receive $1.55 for every share owned.
58.com has agreed to be acquired by Quantum Bloom Group
Ltd. Under the proposed transaction, shareholders of 58.com
will receive $28.00 in cash for each
class A or B share and $56.00 in cash
for each American depositary share ("ADS") of 58.com owned.
- Bitauto Holdings Limited (NYSE: BITA)
Bitauto has agreed to be acquired by an investor consortium led
by Morespark Limited. Under the proposed transaction,
shareholders of Bitauto will $16 in
cash for each ordinary share or ADS owned.
Moore Kuehn is investigating whether the Boards of the
above companies 1) acted to maximize shareholder value, 2) failed
to disclose material information, and 3) conducted a fair
process.
Moore Kuehn encourages shareholders who would like to discuss
their rights to contact Justin Kuehn,
Esq. by email at jkuehn@moorekuehn.com or telephone at (212)
709-8245. The consultation and case are free with no
obligation to you. Moore Kuehn pays all case costs and does
not charge its investor clients. Shareholders should contact
the firm immediately as there may be limited time to enforce your
rights.
Moore Kuehn is a 5-star Google rated New York City law firm with attorneys
representing investors and consumers in litigation involving
securities laws, fraud, breaches of fiduciary duties, and other
claims. For additional information about Moore Kuehn, please
visit
http://www.moorekuehn.com/practice/new-york-securities-litigation/.
Attorney advertising. Prior results do not guarantee similar
outcomes.
Contacts:
Moore Kuehn, PLLC
Justin Kuehn, Esq.
30 Wall Street, 8th Floor
New York, New York 10005
jkuehn@moorekuehn.com
(212) 709-8245
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SOURCE Moore Kuehn, PLLC
