An investigation for shareholders in Breeze-Eastern Corp (NYSEMKT:BZC) in connection with the proposed takeover was announced and NYSEMKT:BZC stockholders should contact the Shareholders Foundation.

San Diego, CA -- (SBWire) -- 12/23/2015 --An investigation for shareholders in shares of Breeze-Eastern Corp (NYSEMKT:BZC) was announced concerning the takeover of Breeze-Eastern Corp.

On November 19, 2015 TransDigm Group Incorporated and Breeze-Eastern Corp (NYSEMKT:BZC ) announced a merger agreement providing for Breeze-Eastern Corp (NYSEMKT:BZC) to become an indirect wholly-owned subsidiary of TransDigm Group Incorporated.

Investors who purchased shares of Breeze-Eastern Corp (NYSEMKT:BZC) and currently hold any of those NYSEMKT:BZC 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 officers and directors of Breeze-Eastern Corp breached their fiduciary duties owed to NYSEMKT:BZC investors in connection with the proposed acquisition.

Under the terms of the agreement, a subsidiary of TransDigm Group Incorporated will commence a tender offer to acquire all of the outstanding shares of Breeze-Eastern Corp (NYSEMKT:BZC) common stock for $19.61 per share in cash, in a transaction valued at approximately $206 million.

However, given that NYSEMKT: BZC shares traded in the open market as recently as November 2, 2015, as high as $21.25 per share and that NYSEMKT: BZC shares rose following the takeover announcement to as high as $20.44 per share on November 25, 2015, the investigation concerns whether the offer is unfair to NYSEMKT:BZC stockholders. More specifically, the investigation concerns whether the Breeze-Eastern 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.

On December 21, 2015, NYSEMKT:BZC shares closed at $19.74 per share.

Those who are current investors in Breeze-Eastern Corp (NYSEMKT:BZC) 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