{"id":403337,"date":"2020-12-21T02:19:32","date_gmt":"2020-12-21T07:19:32","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=403337"},"modified":"2020-12-21T02:19:32","modified_gmt":"2020-12-21T07:19:32","slug":"shareholder-alert-ademi-llp-investigates-whether-aerojet-rocketdyne-holdings-inc-has-obtained-a-fair-price-in-its-transaction-with-lockheed-martin-corporation","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-ademi-llp-investigates-whether-aerojet-rocketdyne-holdings-inc-has-obtained-a-fair-price-in-its-transaction-with-lockheed-martin-corporation\/","title":{"rendered":"Shareholder Alert: Ademi LLP Investigates whether Aerojet Rocketdyne Holdings, Inc. has obtained a Fair Price in its transaction with Lockheed Martin Corporation"},"content":{"rendered":"
\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n MILWAUKEE, Wis.<\/span>, Dec. 21, 2020<\/span> \/PRNewswire\/ — Ademi LLP is investigating Aerojet Rocketdyne Holdings, Inc. (NYSE: AJRD)\u00a0for possible breaches of fiduciary duty and other violations of the law in its transaction with Lockheed Martin. <\/p>\n

Click here to learn how to join the action: http:\/\/ademilaw.com\/case\/aerojet-rocketdyne-holdings-inc<\/a> \u00a0or call Guri Ademi<\/span> toll-free at 866-264-3995.\u00a0\u00a0There is no cost or obligation to you. <\/p>\n

Ademi LLP alleges\u00a0Aerojet Rocketdyne’s financial outlook is improving and yet Aerojet Rocketdyne shareholders will receive only $56<\/span> per share in an all-cash deal with a total equity value of approximately $5.0 billion<\/span>. \u00a0The merger agreement unreasonably limits competing bids for Aerojet Rocketdyne\u00a0by prohibiting solicitation of further bids, and imposing a termination penalty if Aerojet Rocketdyne\u00a0accepts a superior bid. Aerojet Rocketdyne\u00a0insiders will receive millions of dollars as part of change of control arrangements. We are investigating the conduct of Aerojet Rocketdyne’s board of directors, and whether they are (i) fulfilling their fiduciary duties to all shareholders, and (ii) obtaining a fair and reasonable price for Aerojet Rocketdyne. <\/p>\n

If you own Aerojet Rocketdyne\u00a0common stock and wish to obtain additional information, please contact Guri Ademi<\/span> either at gademi@ademilaw.com<\/a>\u00a0or toll-free: 866-264-3995, or http:\/\/ademilaw.com\/case\/aerojet-rocketdyne-holdings-inc<\/a>. \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n

We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights throughout the country. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes. <\/p>\n

\n Contacts:
<\/b>Ademi LLP
Guri Ademi<\/span>
Toll Free: (866) 264-3995
Fax: (414) 482-8001<\/p>\n

\n \"Cision\" View original content:http:\/\/www.prnewswire.com\/news-releases\/shareholder-alert-ademi-llp-investigates-whether-aerojet-rocketdyne-holdings-inc-has-obtained-a-fair-price-in-its-transaction-with-lockheed-martin-corporation-301196562.html<\/a><\/p>\n

SOURCE Ademi LLP<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

PR Newswire MILWAUKEE, Wis., Dec. 21, 2020 \/PRNewswire\/ — Ademi LLP is investigating Aerojet Rocketdyne Holdings, Inc. (NYSE: AJRD)\u00a0for possible breaches of fiduciary duty and other violations of the law in its transaction with Lockheed Martin. Click here to learn how to join the action: http:\/\/ademilaw.com\/case\/aerojet-rocketdyne-holdings-inc \u00a0or call Guri Ademi toll-free at 866-264-3995.\u00a0\u00a0There is no cost or obligation to you. Ademi LLP alleges\u00a0Aerojet Rocketdyne’s financial outlook is improving and yet Aerojet Rocketdyne shareholders will receive only $56 per share in an all-cash deal with a total equity value of approximately $5.0 billion. \u00a0The merger agreement unreasonably limits competing bids for Aerojet Rocketdyne\u00a0by prohibiting solicitation of further bids, and imposing a termination penalty if Aerojet Rocketdyne\u00a0accepts a superior bid. Aerojet Rocketdyne\u00a0insiders … <\/p>\n

Continue reading “Shareholder Alert: Ademi LLP Investigates whether Aerojet Rocketdyne Holdings, Inc. has obtained a Fair Price in its transaction with Lockheed Martin Corporation”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-403337","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nShareholder Alert: Ademi LLP Investigates whether Aerojet Rocketdyne Holdings, Inc. has obtained a Fair Price in its transaction with Lockheed Martin Corporation - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-ademi-llp-investigates-whether-aerojet-rocketdyne-holdings-inc-has-obtained-a-fair-price-in-its-transaction-with-lockheed-martin-corporation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Shareholder Alert: Ademi LLP Investigates whether Aerojet Rocketdyne Holdings, Inc. has obtained a Fair Price in its transaction with Lockheed Martin Corporation - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire MILWAUKEE, Wis., Dec. 21, 2020 \/PRNewswire\/ — Ademi LLP is investigating Aerojet Rocketdyne Holdings, Inc. (NYSE: AJRD)\u00a0for possible breaches of fiduciary duty and other violations of the law in its transaction with Lockheed Martin. Click here to learn how to join the action: http:\/\/ademilaw.com\/case\/aerojet-rocketdyne-holdings-inc \u00a0or call Guri Ademi toll-free at 866-264-3995.\u00a0\u00a0There is no cost or obligation to you. Ademi LLP alleges\u00a0Aerojet Rocketdyne’s financial outlook is improving and yet Aerojet Rocketdyne shareholders will receive only $56 per share in an all-cash deal with a total equity value of approximately $5.0 billion. \u00a0The merger agreement unreasonably limits competing bids for Aerojet Rocketdyne\u00a0by prohibiting solicitation of further bids, and imposing a termination penalty if Aerojet Rocketdyne\u00a0accepts a superior bid. 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