NEW YORK, March 5, 2020 /PRNewswire/ -- WeissLaw
LLP is investigating possible breaches of fiduciary duty and
other violations of law by the Board of Directors of Mobile Mini,
Inc. ("MINI" or the "Company") (NASDAQ: MINI) in connection with
the proposed acquisition of the Company by WillScot Corporation
("WSC") (NASDAQ: WSC). Under the terms of the acquisition
agreement, MINI shareholders will receive 2.4050 shares of WSC for
each share of MINI they own, representing consideration of
$40.42 based on MINI's March 4 opening price.
If you own MINI shares and wish to discuss
this investigation or have any questions concerning this notice or
your rights or interests, visit our website:
http://www.weisslawllp.com/mobile-mini-inc/
Or please contact:
Joshua Rubin, Esq.
WeissLaw LLP
1500 Broadway, 16th Floor
New York, NY 10036
(212) 682-3025
(888) 593-4771
stockinfo@weisslawllp.com
WeissLaw is investigating whether MINI's Board of Directors
acted to maximize shareholder value prior to entering into the
acquisition agreement. Notably, at least one analyst set a
target price of $53.00, or
approximately $13.00 above the
per-share consideration. Moreover, the acquisition will grant
WSC access to MINI's diverse portfolio of leading brands and expand
its geographic footprint.
Finally, upon closing of the transaction, WSC and its
shareholders will own the majority share of the combined company
with a 54% stake, leaving to MINI shareholders the remaining
46%.
Given these facts, WeissLaw is concerned whether the proposed
acquisition agreement undervalues the Company, whether the Board
ran a fair process, and whether all material information related to
the proposed acquisition 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
