NEW YORK--(BUSINESS WIRE)--
Kirby McInerney LLP is investigating potential claims against the Board of Directors of Verenium Corporation (“Verenium” or the “Company”) (VRNM) concerning the proposed acquisition of the Company by BASF Corporation. Under the terms of the proposed transaction, Verenium stockholders will receive $4.00 in cash for each share of Verenium owned, valuing the transaction at approximately $51 million.
The investigation concerns whether Verenium’s Board of Directors violated its fiduciary duties by agreeing to this transaction and whether the proposed consideration adequately values Verenium’s common shares.
If you are a shareholder of Verenium and wish to obtain additional information, please contact J. Brandon Walker, Esq. by email at firstname.lastname@example.org, by telephone at (212) 699-1145 or (888) 529-4787, or by filling out this contact form.
Kirby McInerney LLP is a New York-based law firm concentrating in securities, shareholder, whistleblower, antitrust and consumer litigation. For additional information, please go to www.kmllp.com.
- Investment & Company Information
- BASF Corporation
J. Brandon Walker, Esq.
212-699-1145 or 888-529-4787