The Recycler
  • Biuromax Masthead web banner March 2024
  • G&G Masthead August 2024
  • Katun web banner December 2022 NEW
  • Ambiente 2025 Masthead

Kyocera AVX buyout to be investigated

March 19, 2020

Grabar Law Office is investigating potential claims against the Board of Directors of AVX Corporation for possible breaches of fiduciary duty and other violations of Delaware state law in connection with the proposed sale of the Company to Kyocera Corporation.

On 21 February 2020, AVX announced that it had entered into a merger agreement, in which Kyocera will acquire “all the outstanding shares of common stock of AVX not owned by Kyocera pursuant to an all-cash tender offer for $21.75 (€20.24) per share.

On 2 March 2020, AVX filed a Solicitation/Recommendation Statement on Schedule 14D-9 with the S.E.C. that revealed that the AVX’s Special Committee determined that the value of Kyocera’s initial proposal was insufficient and that the Special Committee believed the appropriate purchase price should be in the range of $23.00 (€21.40) to $25.00 (€23.26) per share.

If you are an AVX shareholder and believe the proposed buyout price is too low and want to learn more about your rights, and how you and other shareholders may benefit, contact jgrabar@grabarlaw.com or call +1 (0) 267-507-6085.

Categories : City News

Tags : AVX Investigation Kyocera Mergers

  • Biuromax web banner July 2024
  • Ink Tank No Web advert
  • GM Technology October 2024
  • Cartridge Web Nov Web Banner
  • Apex September 2024 Web ad
  • Static Control June 2022 Big & Bold Ad
  • TN Core Nov Web advert
  • IR Italiana Web ad January 2021
  • G&G web advert October 2024
  • PCL Nov Web advert
  • HYB Web banner Jan 2024
  • ITP Web ad January 2021
  • Zhono Web ad March 2024
  • denner UK Web Banner Jul 2024
  • Mito Web banner June 2024
  • Denner Feb 2024 Web Ad
  • CET Web ad December 2023
  • CET Web ad December 2023
  • HYB Web banner Jan 2024
  • denner UK Web Banner Jul 2024
  • Mito Web banner June 2024
  • ITP Web ad January 2021
  • Denner Feb 2024 Web Ad
  • PCL Nov Web advert
  • Zhono Web ad March 2024
  • Mito Web banner June 2024
  • CET Web ad December 2023
  • ITP Web ad January 2021
  • denner UK Web Banner Jul 2024
  • Zhono Web ad March 2024
  • Denner Feb 2024 Web Ad
  • PCL Nov Web advert
  • HYB Web banner Jan 2024

The Recycler, Wittas House, Two Rivers, Station Lane, Witney, OX28 4BH, United Kingdom | Tel: +44 (0) 1993 899800 | Fax : +44 (0) 1993 226899
©2006-2023 The Recycler - Terms & Conditions - Privacy Policy including cookie use

Web design Dorset | Websites by Mark