Delphi Technologies PLC
Attention investors who purchased shares of Delphi Technologies PLC before January 28, 2020:
Rigrodsky & Long is investigating potential claims against the board of directors of Delphi Technologies PLC concerning possible breaches of fiduciary duty and other violations of law related to the Company’s agreement to be acquired by BorgWarner Inc. for approximately $3.3 billion.
Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Delphi Technologies PLC (“Delphi” or the “Company”) (NYSE: DLPH) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by BorgWarner Inc. (“BorgWarner”) (NYSE: BWA) in a transaction valued at approximately $3.3 billion. Under the terms of the agreement, Under the terms of the agreement, Delphi stockholders would receive a fixed exchange ratio of 0.4534 shares of BorgWarner common stock per Delphi share. Upon closing of the transaction, current BorgWarner stockholders are expected to own approximately 84% of the combined company, while current Delphi Technologies stockholders are expected to own approximately 16%.
If you own common stock of Delphi and purchased any shares before January 28, 2020, if you would like to learn more about this investigation, or if you have any questions concerning this announcement or your rights or interests, please contact Seth D. Rigrodsky or Gina M. Serra toll-free at (888) 969-4242, by e-mail at firstname.lastname@example.org, or at https://www.rigrodskylong.com/offices-contact.
Rigrodsky & Long, P.A., with offices in Delaware, New York, and California, has recovered hundreds of millions of dollars on behalf of investors and achieved substantial corporate governance reforms in numerous cases nationwide, including federal securities fraud actions, shareholder class actions, and shareholder derivative actions.
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