We are investigating possible breaches of fiduciary duty and other violations of law by the board of directors of CyrusOne Inc. (“CyrusOne” or the “Company”) (NASDAQ:CONE), in connection with the proposed acquisition of the Company by Kohlberg Kravis Roberts & Co. L.P. (“KKR”), a leading global investment firm, and Global Infrastructure Partners (“GIP”). Under the terms of the acquisition agreement, the Company’s shareholders will receive $90.50 in cash for each share of CyrusOne common stock that they hold. The all-cash transaction is valued at approximately $15 billion.
WeissLaw LLP is investigating whether (i) CyrusOne’s board of directors acted in the best interests of Company shareholders in agreeing to the proposed transaction, (ii) the $90.50 per-share merger consideration adequately compensates CyrusOne’s shareholders, and (iii) all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed.