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Case Status:    DISMISSED    
On or around 07/19/2017 (Stipulation and order of dismissal (voluntary dismissal))

Filing Date: June 12, 2017

According to the Complaint, on May 5, 2017, VWR issued a press release announcing it had entered into an Agreement and Plan of Merger dated May 4, 2017 (the “Merger Agreement”) to sell VWR to Avantor for $33.25 in cash per share of VWR common stock (the “Merger Consideration”). Pursuant to the Merger Agreement, Merger Sub will merge with and into the Company, with the Company continuing as the surviving corporation. The Proposed Transaction is valued at approximately $6.4 billion.

On June 2, 2017, VWR filed a Preliminary Proxy Statement on Schedule 14A (the “Proxy”) with the SEC. The Proxy, which recommends that VWR stockholders vote in favor of the Proposed Transaction, omits or misrepresents material information concerning, among other things: (i) VWR’s financial projections, relied upon by VWR’s financial advisor Merrill Lynch, Pierce, Fenner & Smith Incorporated (“BofA Merrill Lynch”) in its financial analyses; (ii) the data and inputs underlying the financial valuation analyses that support the fairness opinion provided by BofA Merrill Lynch; and (iii) the background process leading to the Proposed Transaction.

This case was voluntarily dismissed as moot on July 19, 2017.


Sector: Basic Materials
Industry: Misc. Fabricated Products
Headquarters: United States


Ticker Symbol: VWR
Company Market: NASDAQ
Market Status: Public (Listed)

About the Company & Securities Data

"Company" information provides the industry and sector classification and headquarters state for the primary company-defendant in the litigation. In general, "Securities" information provides the ticker symbol, market, and market status for the underlying securities at issue in the litigation.

In most cases, the primary company-defendant actually issued the securities that are the subject of the litigation, and the securities information and company information relate to the same entity. In a small subset of cases, however, the primary company-defendant is not the issuer (for example, cases against third party brokers/dealers), and the securities information and company information do not relate to the same entity.
COURT: E.D. Pennsylvania
DOCKET #: 17-CV-02616
JUDGE: Hon. Wendy Beetlestone
DATE FILED: 06/12/2017
CLASS PERIOD END: 06/12/2017
  1. Brodsky & Smith, LLC
  2. WeissLaw LLP
No Document Title Filing Date
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