An investigation on behalf of investors of Worldpay, Inc. (NYSE: WP) in connection with the proposed takeover was announced and NYSE: WP stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 03/29/2019 -- An investigation was announced concerning the takeover of Worldpay, Inc. (NYSE: WP.).
Investors who purchased shares of Worldpay, Inc. (NYSE: WP) and currently hold any of those Worldpay, Inc. (NYSE: WP shares have certain options and should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 - 1554.
The investigation by a law firm concerns whether certain officers and directors of Worldpay, Inc. breached their fiduciary duties owed to NYSE: WP investors in connection with the proposed acquisition.
Cincinnati, Ohio based Worldpay, Inc., through its subsidiary, Worldpay Holding, LLC, provides electronic payment processing services in the United States, Europe, and Asia. On March 18, 2019, FIS™ (NYSE: FIS) and Worldpay, Inc. (NYSE: WP; LSE: WPY) announced that they have entered into a merger agreement. At the closing, under the terms of the agreement, Worldpay shareholders will be entitled to receive 0.9287 FIS shares and $11.00 in cash for each share of Worldpay, or a value of approximately $112.11 per share.
However, given that at least one analyst has set the high target price at $134.00 per share, the investigation concerns whether the offer is unfair to NYSE: WP stockholders. More specifically, the investigation concerns whether the Worldpay Board of Directors undertook an adequate sales process, adequately shopped the company before entering into the transaction, maximized shareholder value by negotiating the best price, and acted in the shareholders' best interests in connection with the proposed sale.
Those who are current investors in Worldpay, Inc. (NYSE: WP) shares have certain options and should contact the Shareholders Foundation.
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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