NEW YORK, Nov. 19, 2015 /PRNewswire/ -- Harwood Feffer
LLP (www.hfesq.com) is investigating potential claims against the
board of directors of Breeze-Eastern Corporation ("Breeze-Eastern"
or the "Company") (NYSE: BZC) concerning the proposed acquisition
of the Company by TransDigm Group Incorporated ("TransDigm").
Under the terms of the offer, TransDigm would acquire
Breeze-Eastern in a transaction valued at approximately
$206 million. Pursuant to the
deal, Breeze-Eastern stockholders would receive $19.61 per share in cash. The offer price
constitutes a discount of 6.6% below Breeze-Eastern's closing price
the before announcement of the transaction.
Our investigation concerns whether the Breeze-Eastern board of
directors is fulfilling its fiduciary duties, maximizing the value
of the Company, disclosing all material benefits and costs, and
obtaining full and fair consideration for Company
stockholders.
If you own Breeze-Eastern shares and wish to discuss this matter
with us, or have any questions concerning your rights and interests
with regard to this matter, please contact:
Benjamin I. Sachs-Michaels,
Esq.
Robert I. Harwood, Esq.
Craig Lowther
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
(212) 935-7400
Email: bsachsmichaels@hfesq.com
Website: http://www.hfesq.com
Follow us on Twitter: @HarwoodFeffer
Harwood Feffer has been
representing individual and institutional investors for many years,
serving as lead counsel in numerous cases in federal and state
courts. Please visit the Harwood Feffer LLP website
(http://www.hfesq.com) for more information about the firm.
Attorney Advertising. The law firm responsible for this
advertisement is Harwood Feffer LLP (www.hfesq.com). Prior results
do not guarantee or predict a similar outcome with respect to any
future matter.
Logo -
http://photos.prnewswire.com/prnh/20120215/MM54604LOGO
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/harwood-feffer-llp-announces-investigation-of-breeze-eastern-corporation-300182135.html
SOURCE Harwood Feffer LLP