Gardner Denver Holdings, Inc.
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GARDNER DENVER (GDI) MERGER INVESTIGATION: HALPER SADEH LLP ANNOUNCES INVESTIGATION INTO WHETHER THE MERGER OF GARDNER DENVER HOLDINGS, INC. IS FAIR TO SHAREHOLDERS – GDI
May 2, 2019.
New York, New York—Halper Sadeh LLP, a global investor rights law firm, announces it is investigating whether the merger between Gardner Denver Holdings, Inc. (“Gardner Denver” or the “Company”) (NYSE: GDI) and Ingersoll-Rand plc (“Ingersoll-Rand”) is fair to Gardner Denver shareholders.
On May 1, 2019, Credit Suisse Group set a target price for Gardner Denver at $36.00 per share. The investigation concerns whether Gardner Denver and its Board of Directors violated the federal securities laws and/or their fiduciary duties to shareholders by failing to: (1) obtain the best possible consideration for Gardner Denver shareholders; and (2) disclose all material information necessary for Gardner Denver shareholders to adequately assess and value the merger consideration.
On behalf of Gardner Denver shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
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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