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Shareholder Alert: Ademi LLP Investigates whether Aegion Corporation has obtained a Fair Price in its transaction with New Mountain Capital

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MILWAUKEE, Feb. 16, 2021 /PRNewswire/ -- Ademi LLP is investigating Aegion (NASDAQ: AEGN) for possible breaches of fiduciary duty and other violations of law in its transaction with New Mountain Capital.

Click here to learn how to join the action: http://ademilaw.com/case/aegion-corporation or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you.

Ademi LLP alleges Aegion's financial outlook is improving and yet Aegion shareholders will receive only $26 for each share they own. The merger agreement unreasonably limits competing bids for Aegion by prohibiting solicitation of further bids, and imposing a termination penalty if Aegion accepts a superior bid. Aegion insiders will receive millions of dollars as part of change of control arrangements. We are investigating the conduct of Aegion's board of directors, and whether they are (i) fulfilling their fiduciary duties to all shareholders, and (ii) obtaining a fair and reasonable price for Aegion.

If you own Aegion common stock and wish to obtain additional information, please contact Guri Ademi either at gademi@ademilaw.com or toll-free: 866-264-3995, or http://ademilaw.com/case/aegion-corporation.

We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights throughout the country. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.

Contacts

Ademi LLP
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001

Cision
Cision

View original content:http://www.prnewswire.com/news-releases/shareholder-alert-ademi-llp-investigates-whether-aegion-corporation-has-obtained-a-fair-price-in-its-transaction-with-new-mountain-capital-301229036.html

SOURCE Ademi LLP