Shareholders Foundation, Inc.

Calgon Carbon Corporation (NYSE:CCC) Investor Investigation of Takeover by Kuraray Co., Ltd

An investigation on behalf of investors of Calgon Carbon Corporation (NYSE:CCC) in connection with the proposed takeover was announced and NYSE:CCC stockholders should contact the Shareholders Foundation.

 

San Diego, CA -- (SBWIRE) -- 09/27/2017 -- An investigation was announced for investors in shares of Calgon Carbon Corporation (NYSE:CCC), over whether the takeover of Calgon Carbon Corporation by Kuraray Co., Ltd. for $21.50 per share is unfair to NYSE:CCC stockholders.

Investors who purchased shares of Calgon Carbon Corporation (NYSE:CCC) and currently hold any of those NYSE:CCC shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.

The investigation by a law firm concerns whether certain directors of Calgon Carbon Corporation breached their fiduciary duties owed to NYSE:CCC investors in connection with the proposed acquisition.

On Sep. 21, 2017 Calgon Carbon Corporation (NYSE:CCC) and Kuraray Co., Ltd. (TYO:3405) announced that their respective Boards of Directors have approved, and the parties have entered into, a merger agreement under which Kuraray Co., Ltd. will acquire Calgon Carbon Corporation (NYSE:CCC) for $21.50 per share in cash, which equates to an equity value of approximately $1.1 billion, and a transaction value in excess of $1.3 billion, including Calgon Carbon's net indebtedness.

However, the investigation concerns whether the offer is unfair to Calgon Carbon Corporation (NYSE:CCC stockholders. More specifically, the investigation concerns whether the Calgon Carbon Corporation (NYSE:CCC Board of Directors undertook an adequate sales process, adequately shopped the company before entering into the transaction, maximized shareholder value by negotiating the best price, and acted in the shareholders' best interests in connection with the proposed sale.

Those who are current investors in Calgon Carbon Corporation (NYSE:CCC) shares have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com