According to the Complaint, Milacron Holdings Corp. ("Milacron") is a global leader in the manufacture, distribution, and service of highly engineered and customized systems within the plastic technology and processing industry.

This action stems from a proposed transaction announced on July 12, 2019, pursuant to which Milacron will be acquired by Hillenbrand, Inc.

On July 12, 2019, Milacron’s Board of Directors caused the Company to enter into an agreement and plan of merger with Hillenbrand. Pursuant to the terms of the Merger Agreement, Milacron’s stockholders will receive $11.80 in cash and 0.1612 shares of Parent common stock for each share of Milacron common stock they own.

On September 10, 2019, Defendants filed a Form S-4 Registration Statement with the United States Securities and Exchange Commission in connection with the Proposed Transaction. The Complaint alleges the Registration Statement omits material information with respect to the Proposed Transaction, which renders the Registration Statement false and misleading.

This case was voluntarily dismissed on November 13, 2019.