Pomerantz Law Firm Investigates Claims on Behalf of Investors of WCA Waste Corporation
22 Décembre 2011 - 11:40PM
Business Wire
Pomerantz Haudek Grossman & Gross LLP is investigating
claims on behalf of investors of WCA Waste Corporation (“WCA” or
the “Company”) (NASDAQ:WCAA) concerning the proposed acquisition of
WCA by Macquarie Infrastructure Partners II (“MIP II”) in a cash
transaction valued at approximately $526 million.
The investigation concerns whether the WCA directors are
breaching their fiduciary duties by failing to adequately shop the
Company and maximize shareholder value. Under the terms of the
agreement, the Price to Revenue multiple and Price to EBITDA
multiple that MIP II would be paying for WCA is below that of
comparable transactions.
WCA shareholders seeking more information about this acquisition
are advised to contact Gustavo Bruckner, Esq. at
gfbruckner@pomlaw.com or 212-661-1100 or toll free at 888-476-6529,
ext. 302. Shareholders may also contact Rachelle R. Boyle at
rrboyle@pomlaw.com or 212-661-1100 or 888-476-6529, ext. 237.
The Pomerantz Firm, with offices in New York, Chicago, and
Washington, D.C., is acknowledged as one of the premier firms in
the areas of corporate, securities, and antitrust class litigation.
Founded by the late Abraham L. Pomerantz, known as the dean of the
class action bar, the Pomerantz Firm pioneered the field of
securities class actions. Today, more than 70 years later, the
Pomerantz Firm continues in the tradition he established, fighting
for the rights of the victims of securities fraud, breaches of
fiduciary duty, and corporate misconduct. The Firm has recovered
numerous multimillion-dollar damages awards on behalf of class
members. See www.pomerantzlaw.com.
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