CCE ALERT - National Securities Law Firm Seeks Higher Price for Coca-Cola Enterprises Shareholders, and Encourages Shareholders to Contact Law Firm for More Information
Get Alerts CCE Hot Sheet
Join SI Premium – FREE
NEW YORK, Aug. 6, 2015 /PRNewswire/ -- Tripp Levy PLLC, a leading national securities and shareholder rights law firm, announces that it is investigating the sale of Coca-Cola Enterprises, Inc. (NYSE: CCE) ("CCE" or the "Company") on behalf of its shareholders. CCE, Coca-Cola Iberian Partners SA ("CCIP") and Coca-Cola Erfrischungsgetränke AG ("CCEAG"), a wholly owned subsidiary of The Coca-Cola Company, announced that they have agreed to combine their businesses into a new company to be called Coca-Cola European Partners Plc. CCE shareowners will receive, for each CCE share held, one share of Coca-Cola European Partners and a one-time cash payment of $14.50 per share, while owning 48% of the new company.
Our investigation has determined that the offer price of only one share of Coca-Cola European Partners and a one-time cash payment of $14.50 per share, unfairly under-values the true going forward inherent value of CCE and that shareholders are not receiving the maximum value for their shares. The investigation further seeks to determine whether the senior management of CCE as well as its parent company Coca-Cola are entering into this deal for their own self-interests to the detriment of the Company's shareholders.
If you are a shareholder of CCE and would like additional information as to how the acquisition may affect your rights as a shareholder, and how you may be eligible to obtain a higher price for your shares, please contact us at no cost at:
Tripp Levy PLLCNew York, New York Toll free: 800-511-7037 International: 602-241-2841 Email: [email protected] www.tripplevy.com
Tripp Levy PLLC represents individual and institutional shareholders in mergers and acquisitions transactions and, along with its affiliate, has recovered billions of dollars for shareholders in securities actions around the globe. Tripp Levy PLLC is affiliated with the law firm Milberg LLP. The National Law Journal has named Milberg one of the "50 Elite Trial Lawyer Firms" and one of the "50 Leading Plaintiff Firms in America." Attorney advertising. Prior results do not indicate a similar outcome.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/cce-alert---national-securities-law-firm-seeks-higher-price-for-coca-cola-enterprises-shareholders-and-encourages-shareholders-to-contact-law-firm-for-more-information-300124840.html
SOURCE Tripp Levy PLLC
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Intermediate Bulk Container (IBC) Market to Reach USD 34.5 Billion by 2031 Driven by Surging Demand from Chemical and Food & Beverage Sectors
- Blackline Safety Announces CFO Departure
Create E-mail Alert Related Categories
Press ReleasesRelated Entities
Definitive AgreementSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!