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SHAREHOLDER INVESTIGATION ALERT: Halper Sadeh LLP is Investigating Whether the Following Mergers are Fair to Shareholders; Investors are Encouraged to Contact the Firm - BITA, WUBA, GARS

NEW YORK, NY / ACCESSWIRE / July 7, 2020 / Halper Sadeh LLP, a global investor rights law firm, is investigating whether the following mergers are fair to shareholders. Halper Sadeh LLP may seek increased consideration, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders:

Bitauto Holdings Limited (NYSE:BITA)

The investigation concerns whether Bitauto and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders in connection with the proposed sale of Bitauto to a consortium led by Morespark Limited, an affiliate of Tencent Holdings Limited and Hammer Capital Opportunities Fund L.P. for $16.00 per share in cash. If you are a Bitauto shareholder and would like to learn more about your legal rights and options, please visit: https://halpersadeh.com/actions/bitauto-holdings-limited-bita-stock-merger/.

58.com Inc. (NYSE:WUBA)

The investigation concerns whether 58.com and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders in connection with the proposed sale of 58.com to a consortium of investors including Warburg Pincus Asia LLC, General Atlantic Singapore Fund Pte. Ltd. and Ocean Link Partners Limited (including their respective affiliated investment entities), Jinbo Yao, the Chairman and Chief Executive Officer of 58.com, and Internet Opportunity Fund LP. If you are a 58.com shareholder and would like to learn more about your legal rights and options, please visit: https://halpersadeh.com/actions/58-com-inc-wuba-stock-merger-warburg-pincus/.

Garrison Capital Inc. (NASDAQ:GARS)

The investigation concerns whether Garrison Capital and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders in connection with the proposed sale of Garrison Capital to Portman Ridge Finance Corporation. Following the proposed transaction, Garrison Capital shareholders are expected to own approximately 41.6% of the combined company. If you are a Garrison Capital shareholder and would like to learn more about your legal rights and options, please visit: https://halpersadeh.com/actions/garrison-capital-inc-gars-portman-ridge-stock-merger/.

Shareholders are encouraged to contact the firm free of charge to discuss their legal rights and options. Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email sadeh@halpersadeh.com or zhalper@halpersadeh.com.

Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

Halper Sadeh LLP
Daniel Sadeh, Esq.
Zachary Halper, Esq.
(212) 763-0060
sadeh@halpersadeh.com
zhalper@halpersadeh.com
https://www.halpersadeh.com

SOURCE: Halper Sadeh LLP     



View source version on accesswire.com:
https://www.accesswire.com/596645/SHAREHOLDER-INVESTIGATION-ALERT-Halper-Sadeh-LLP-is-Investigating-Whether-the-Following-Mergers-are-Fair-to-Shareholders-Investors-are-Encouraged-to-Contact-the-Firm--BITA-WUBA-GARS

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