AEROJET ROCKETDYNE ALERT: Bragar Eagel & Squire, P.C. Investigates Sale of AJRD and Encourages Investors to Contact the Firm
Aerojet Rocketdyne Holdings, Inc. (AJRD)
Last aerojet rocketdyne holdings, inc. earnings: 2/19 04:11 pm
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US:NYSE Investor Relations:
ir.aerojetrocketdyne.com/investor-relations
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Source: GlobeNewswire
NEW YORK, Dec. 21, 2020 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, has launched an investigation into whether the board members of Aerojet Rocketdyne Holdings, Inc. (NYSE: AJRD) breached their fiduciary duties or violated the federal securities laws in connection with the company’s acquisition by Lockheed Martin Corporation (NYSE: LMT). Click here to learn more and participate in the action. On December 20, 2020, Aerojet Rocketdyne announced that it had signed an agreement to be acquired by Lockheed Martin for approximately $5 billion. Pursuant to the merger agreement, Aerojet Rocketdyne stockholders will receive $56 in cash for each share of Aerojet Rocketdyne common stock owned. The deal is scheduled to close in the second half of 2021. Bragar Eagel & Squire is concerned that Aerojet Rocketdyne’s board of directors oversaw an unfair process and ultimately agreed to an inadequate merger agreement. Accordingly, the firm
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