NEW YORK–(BUSINESS WIRE)– Bull & Lifshitz, LLP announces an investigation into possible breaches of fiduciary duty in connection with the proposed sale of WCA Waste Corporation (Nasdaq: WCAA) (referred to as “WCA” or the “Company”) to Macquarie Infrastructure Partners II (“MIP II”), in a cash transaction valued at approximately $ 526 million.
Under the terms of the agreement, MIP II will acquire all of the outstanding common stock of WCA for $ 6.50 per share in cash, redeem all Series A preferred stock and either partially or completely refinance WCA’s existing credit facilities.
Bull & Lifshitz, LLP’s investigation is focused on whether the proposed deal provides adequate value to the Company’s shareholders.
If you are a holder of WCA common stock and want to discuss your legal rights, you may e-mail or call Bull & Lifshitz, LLP who will, without obligation or cost to you, attempt to answer your questions.
If you are a shareholder of WCA and would like more information about our investigation, please contact Joshua M. Lifshitz, Esq. by telephone at (866) 313-6222 or by sending an e-mail including your contact information to: [email protected]. All e-mail correspondence should make reference to WCA.
Bull & Lifshitz, LLP is a New York City-based law firm with significant experience representing investors in merger-related shareholder class actions, shareholder derivative actions, and securities fraud class actions. For more information about the firm, please visit our website at www.nyclasslaw.com.
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