A lawsuit was filed by investor in shares of Travelport Worldwide Limited (NYSE: TVPT) in connection with the proposed takeover was announced and NYSE: TVPT stockholders should contact the Shareholders Foundation.

San Diego, CA -- (SBWire) -- 03/05/2019 --The Shareholders Foundation announces that an investor, who currently holds shares of Travelport Worldwide Limited (NYSE: TVPT), filed a lawsuit against the acquisition of Travelport Worldwide Limited.

Investors who NYSE: TVPT shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The plaintiff alleges that the defendants breached their fiduciary duties owed to NYSE: TVPT stockholders by agreeing to sell Travelport Worldwide Limited too cheaply via an unfair process.

On December 10, 2018: Travelport Worldwide Limited (NYSE: TVPT) announced that it has entered into an agreement to be acquired by affiliates of Siris Capital Group, LLC and Evergreen Coast Capital Corp. in an all-cash transaction valued at approximately $4.4 billion. Under the terms of the agreement, Siris and Evergreen will acquire all the outstanding common shares of Travelport for $15.75 per share in cash.

However, the plaintiff claims that the offer is too low and undervalues Travelport Worldwide Limited. Indeed, at least one analyst has set the high target price for NYSE: TVPT shares at $19.00 per share and shares of Travelport Worldwide Limited (NYSE: TVPT) traded in July 2018 as high as $20.30 per share. In addition, the plaintiff alleges that the process is also unfair NYSE: TVPT stockholders. Indeed, Elliott and its affiliates have agreed to vote the common shares owned by them in favor of the transaction.

Those who are current investors in Travelport Worldwide Limited (NYSE: TVPT) 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

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.