Cincinnati Bell Inc.
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CINCINNATI BELL MERGER INVESTIGATION: HALPER SADEH LLP ANNOUNCES INVESTIGATION INTO WHETHER THE SALE OF CINCINNATI BELL INC. IS FAIR TO SHAREHOLDERS; INVESTORS ARE ENCOURAGED TO CONTACT THE FIRM – CBB
December 23, 2019.
New York, New York—Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Cincinnati Bell Inc. (NYSE: CBB) to Brookfield Infrastructure Partners L.P. and its institutional partners (“Brookfield”) for $10.50 per share is fair to Cincinnati Bell shareholders. On behalf of Cincinnati Bell shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
The Cincinnati Bell merger investigation concerns whether Cincinnati Bell and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to: (1) obtain the best possible price for Cincinnati Bell shareholders; (2) determine whether Brookfield is underpaying for Cincinnati Bell; and (3) disclose all material information necessary for Cincinnati Bell shareholders to adequately assess and value the merger consideration.
Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.
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