openPR Logo
Press release

Delphi Technologies PLC (NYSE: DLPH) Investor Alert: Investigation of Takeover

02-07-2020 04:22 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation on behalf of investors of Delphi Technologies PLC (NYSE: DLPH) in connection with the proposed takeover.

An investigation on behalf of investors of Delphi Technologies PLC (NYSE: DLPH) in connection with the proposed takeover.

An investigation was announced concerning whether the takeover of Delphi Technologies PLC is unfair to NYSE: DLPH stockholders.

Investors who purchased shares of Delphi Technologies PLC (NYSE: DLPH) and currently hold any of those NYSE: DLPH shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm concerns whether certain officers and directors of Delphi Technologies PLC breached their fiduciary duties owed to NYSE: DLPH investors in connection with the proposed acquisition.

United Kingdom based Delphi Technologies PLC engages in the design, development, and manufacture of integrated powertrain technologies worldwide. January 28, 2020 - BorgWarner Inc. (NYSE: BWA) and Delphi Technologies PLC (NYSE: DLPH) today announced that they have entered into a definitive transaction agreement under which BorgWarner will acquire Delphi Technologies in an all-stock transaction that values Delphi Technologies' enterprise value at approximately $3.3 billion. Under the terms of the agreement, which has been approved by the boards of directors of both companies, Delphi Technologies stockholders would receive a fixed exchange ratio of 0.4534 shares of BorgWarner common stock per Delphi Technologies share. Based on a closing price of $38.36 per NYSE: BWA shares investors in NYSE: DLPH shares will receive a value of approximately $17.40 per share.

However, given that at least one analyst has set the high target price for NYSE: DLPH shares at $20.00 per share and given that NYSE: DLPH shares traded in 2019 as high as $26.82 per share., the investigation concerns whether the offer is unfair to NYSE: DLPH stockholders. More specifically, the investigation concerns whether the Delphi Technologies Board of Directors undertook an adequate sales process, adequately shopped the company before entering into the transaction, maximized shareholder value by negotiating the best price, and acted in the shareholders' best interests in connection with the proposed sale.

Delphi Technologies PLC reported that its annual Total Revenue rose from over $4.84 billion in 2017 to over $4.85 billion in 2018 and that its Net Income increased from $285 million in 2017 to $358 million in 2018.

Shares of Delphi Technologies PLC (NYSE: DLPH) closed on February 6, 2020, at $15.00 per share.

Those who are current investors in Delphi Technologies PLC (NYSE: DLPH) shares have certain options and should contact the Shareholders Foundation.

Media Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Delphi Technologies PLC (NYSE: DLPH) Investor Alert: Investigation of Takeover here

News-ID: 1923862 • Views: 309

More Releases from Shareholders Foundation

Investigation announced for Investors in NYSE: NOVA shares over potential Wrongd …
An investigation on behalf of investors in shares of Sunnova Energy International Inc. (NYSE: NOVA) was announced over potential breaches of fiduciary duties by certain officers and directors at Sunnova Energy International Inc. Investors who purchased shares of Sunnova Energy International Inc. (NYSE: NOVA) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554. The investigation by a law firm concerns whether certain Sunnova Energy
Investigation for Investors in E*TRADE Financial Corporation (NASDAQ: ETFC) over …
An investigation was announced concerning whether the takeover of E*TRADE Financial Corporation is unfair to NASDAQ: ETFC stockholders. Investors who purchased shares of E*TRADE Financial Corporation (NASDAQ: ETFC) and currently hold any of those NASDAQ: ETFC shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554. The investigation by a law firm concerns whether certain officers and directors of E*TRADE Financial Corporation breached their
Investigation announced for Long Term Investors in shares of Altria Group, Inc. …
Certain directors of Altria Group, Inc are under investigation concerning potential breaches of fiduciary duties. Investors who are current long term investors in Altria Group, Inc. (NYSE: MO) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554. The investigation by a law firm for investors in NYSE: MO stocks follows a lawsuit filed against Altria Group, Inc. over alleged securities laws violations.
Investigation announced for Long-Term Investors in NASDAQ: MDXG shares over poss …
An investigation was announced concerning possible breaches of fiduciary duties by certain directors at MiMedx Group Inc. Investors who purchased shares of MiMedx Group Inc (NASDAQ: MDXG) and currently hold any of those NASDAQ: MDXG shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554. The investigation by a law firm concerns whether certain MiMedx Group directors breached their fiduciary duties and caused damage

All 5 Releases


More Releases for Del

Crop Production Market Research Report 2018-2025 | Top Key Players -Dole Food, F …
UpMarketResearch offers a latest published report on “Global Crop Production Market Analysis and Forecast 2018-2025” delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 93 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. Get Exclusive FREE Sample Copy Of this Report @ https://www.upmarketresearch.com/home/requested_sample/33150 Crop Production Market research report delivers a close
Magia del Momento: Antonio Marra Solo Show
JanKossen Contemporary is pleased to present MAGIA DEL MOMENTO, Antonio Marra’s premiere solo show at the gallery, on view from September 7th to October 14th, 2017. Antonio Marra’s 3D paintings are simultaneously familiar and revolutionary. Although nostalgic of Frank Stella’s vibrantly coloured geometric works, Marra further enhances the experience of abstraction by injecting a shock of the unexpected. Using precise mathematical calculations, Marra introduces sculptural features that elevate his paintings.
OrionClick Holds Big Beach Cleanup in Marina del Rey
OrionClick is passionate about protecting and preserving the health of our oceans, beaches and coastal regions. Everyday we’re reminded of just how lucky we are to live, work and play in beautiful, sunny Southern California. So how did 7 out of the 10 dirtiest beaches wind up right here in Los Angeles? Good question! It never ceases to amaze us how much man-made debris is discarded on our local
Global Avocado Market 2016 - Del Rey Avocado, Simpson Farms, McDaniel Fruit Co., …
The Avocado Market report created by Markets N Research includes in-depth study of variable market trends and statistics by dynamic team of researchers. The report provides detailed information about the definition and specification, and focuses on overall analysis of the manufacturing process along with in-depth classification of segments based on applications, end-users, and product’s physical properties. The report delivers precise data relevant to competitive analysis based on regional insight along
Underpass Opening Set to Boost Costa del Sol Property Market
After almost five years of on-off construction, controversy and congestion, the San Pedro underpass is finally set to open in June this year. Traffic will flow fluidly between Marbella and the western Costa del Sol and breathe new life into this section of the Coast’s property market where many bargains are to be had. Adam Cornwell, Managing Director of Feltrim International selling property on the Costa del Sol comments, “The
A real insider tip for travelers in Umbria, the tulip festival „Festa del Tuli …
Normally one rather thinks of Holland when talking about tulips or tulip celebrations. So travelers to Italy might be astonished to hear that there is also a big tulip festival in Italy. Castiglione del Lago is a pittoresque little town, situated on a peninsula in the Trasimeno Lake, the "Umbrian Sea". There since 1956 the inhabitants celebrate every year in spring time the "Festa del Tulipano". The whole town is