Robbins LLP: Acquisition of Coca-Cola Enterprises, Inc. (CCE) by Coca-Cola Erfrischungsgetranke AG (KO) and Coca-Cola Iberian Partners SA (Private) May Not Be in Shareholders’ Best Interests
Robbins LLP is investigating the proposed acquisition of Coca-Cola Enterprises, Inc. (NYSE: CCE) by Coca-Cola Erfrischungsgetranke AG (NYSE: KO) and Coca-Cola Iberian Partners SA (Private). On August 6, 2015, the two companies announced the signing of a definitive merger agreement pursuant to which Coca-Cola Erfrischungsgetranke and Coca-Cola Iberian Partners will acquire Coca-Cola Enterprises. Under the terms of the agreement, Coca-Cola Enterprises shareholders will receive $14.50 in cash, and one share of the post-merger entity, for each share of Coca-Cola Enterprises they own, the value of which is equivalent to $66.34 per share of Coca-Cola Enterprises.
Is the Proposed Acquisition Best for Coca-Cola Enterprises and Its Shareholders?
Robbins LLP’s investigation focuses on whether the board of directors at Coca-Cola Enterprises is undertaking a fair process to obtain maximum value and adequately compensate its shareholders.
Coca-Cola Enterprises shareholders have the option to file a class action lawsuit to ensure the board of directors obtains the best possible price for shareholders and the disclosure of material information.
Coca-Cola Enterprises shareholders interested in information about their rights and potential remedies can contact attorney Darnell R. Donahue at (800) 350-6003, or you can complete the form below and we will contact you directly.