SHAREHOLDER ALERT: Brower Piven Commences an Investigation into the Proposed Sale of ILG, Inc. and Encourages Investors to Contact the Firm for Additional Information
ILG (ILG)
Last ilg earnings: 8/3 09:00 am
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US:NASDAQ Investor Relations:
investors.ilg.com/phoenix.zhtml?c=223490&p=irol-irhome
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Source: Business Wire
STEVENSON, Md.--(BUSINESS WIRE)-- The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of ILG, Inc. (Nasdaq: ILG) (“ILG” or the “Company”) relating to the proposed buyout of ILG by Marriott Vacations Worldwide Corporation. Under the terms of the agreement, ILG shareholders are anticipated to receive $14.75 in cash and 0.165 shares of MVW common stock for each share of ILG common stock held. Based on the closing price of MVW shares on April 27, 2018, this represents a value of approximately $36.93 per ILG share. The firm’s investigation seeks to determine, among other things, whether the Company’s Board of Directors failed to satisfy their duties to shareholders, including whether the Board adequately pursued alternatives to the acquisition and whet
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