Tripp Levy PLLC, a leading national securities law firm, is investigating the proposed buyout by Fiat of the shares of CNH that it does not already own.
CNH Global N.V. (CNH) announced today that its Board of Directors has received a proposal from Fiat Industrial S.p.A. regarding a combination transaction between Fiat Industrial S.p.A. and CNH. Fiat Industrial S.p.A. currently owns approximately 88% of CNH's shares.
The investigation concerns whether CNH shareholders will receive the true going forward market value for their shares and whether the CNH and Fiat Boards are acting in CNH shareholders best interests in getting the highest possible price for CNH shareholders.
If you own CNH stock and would like additional information, please contact us at 877-772-3975 or email at email@example.com
Hmmm . . . you think it's in the best interest of the shareholders to . . . own a stock that is 91% controlled by Fiat?
I said it a decade ago; CNH is a pawn for Fiat, Fiat will screw the minority shareholders when they have their plan in place, and paying a bunch of money to an attorney in a class action settlement is not going to make that any better.
The real question; what purpose is served by Fiat in this exchange?
How are they bettering themselves? Less transparency? There's hardly any now. Get to keep a bigger share of the pie? They could do worse, but all things considered they have better options available to them, in terms of investment opportunities.