NEENAH ALERT: Bragar Eagel & Squire, P.C. Investigates Merger of NP and Encourages Investors to Contact the Firm

On March 28, 2022, Neenah announced that it had entered into an agreement to merge with SWM in a deal valued at approximately $3 billion.

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Provider: 
GlobeNewswire, Inc.GlobeNewswire, Inc.
Retrieved on: 
Monday, March 28, 2022
Information
Tags: 
NYSE, GLOBE, P.C, NP, Learning, Squire, Neenah, Wisconsin, SWM, Telephone, Holding company, Property management
Geotags: 
NEW YORK, NY, US, CALIFORNIA, SOUTH CAROLINA
Organisation: 
BRAGAR EAGEL & SQUIRE
Stock Symbol: 
NYSE:SWM
NYSE:NP
Summary
Key Points: 
  • On March 28, 2022, Neenah announced that it had entered into an agreement to merge with SWM in a deal valued at approximately $3 billion.
  • Pursuant to the merger agreement, Neenah stockholders will receive 1.358 shares of SWM common stock for each share of Neenah common stock owned.
  • Bragar Eagel & Squire is concerned that Neenahs board of directors oversaw an unfair process and ultimately agreed to an inadequate merger agreement.
  • The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country.



NEW YORK, March 28, 2022 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, has launched an investigation into whether the officers or directors of Neenah, Inc. (NYSE: NP) breached their fiduciary duties or violated the federal securities laws in connection with the company’s merger with Schweitzer-Mauduit International, Inc. (NYSE: SWM) (“SWM”).

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On March 28, 2022, Neenah announced that it had entered into an agreement to merge with SWM in a deal valued at approximately $3 billion. Pursuant to the merger agreement, Neenah stockholders will receive 1.358 shares of SWM common stock for each share of Neenah common stock owned.   The deal is scheduled to close in the second half of 2022.

Bragar Eagel & Squire is concerned that Neenah’s board of directors oversaw an unfair process and ultimately agreed to an inadequate merger agreement. Accordingly, the firm is investigating all relevant aspects of the deal and is committed to securing the best result possible for Neenah’s stockholders.

If you own shares of Neenah and are concerned about the proposed merger, or you are interested in learning more about the investigation or your legal rights and remedies, please contact Melissa Fortunato or Alexandra Raymond by email at [email protected] or telephone at (646) 860-9157, or by filling out this contact form. There is no cost or obligation to you.

About Bragar Eagel & Squire, P.C.:
Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, California, and South Carolina. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.

Contact Information:
Bragar Eagel & Squire, P.C.
Melissa Fortunato, Esq.
Alexandra Raymond, Esq.
[email protected]
www.bespc.com


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