05.09.2017 18:59:00
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SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Rockwell Collins, Inc. (COL)
NEW YORK, Sept. 5, 2017 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims of whether the board members of Rockwell Collins, Inc. (COL) ("Rockwell Collins or the "Company") (NYSE: COL) breached their fiduciary duties. Rockwell Collins investors are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/col.
On September 4, 2017, Rockwell Collins revealed that it had entered a merger agreement and would be acquired by United Technologies Corp. ("United Technologies") (NYSE: UTX) in a transaction for $140.00 per share, in cash and stock. Under the terms of the agreement, Rockwell Collins stockholders will receive $93.33 per share in cash and $46.67 in shares of United Technologies common stock, subject to a 7.5% collar based on United Technologies August 22, 2017, closing share price of $115.69.
The investigation focuses on whether the Rockwell Collins board members failed to fulfill their duties to the shareholders and whether United Technologies is underpaying for Rockwell Collins.
If you are a shareholder of Rockwell Collins and would like to learn more about this investigation, you can visit the firm's site: www.bgandg.com/col. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.
Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | info@bgandg.com
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SOURCE Bronstein, Gewirtz & Grossman, LLC
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