We are investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Atlas Air Worldwide Holdings, Inc. (“Atlas” or the “Company”) (NASDAQ: AAWW), in connection with the proposed acquisition of the Company by a consortium of investors led by Apollo Global Management Inc.  Under the terms of the merger agreement, the Company’s shareholders will receive $102.50 in cash for each share of Atlas common stock owned.  The transaction is valued at approximately $5.2 billion.

Weiss Law is investigating whether (i) Atlas’ board of directors acted in the best interests of Company shareholders in agreeing to the proposed transaction, (ii) the $102.50 per-share merger consideration adequately compensates Atlas’ shareholders, and (iii) all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed.  Notably, at least one analyst set a price target for the Company of $130 per share, $27.50 above the per-share merger consideration.