We are investigating possible breaches of fiduciary duty and other violations of law by the board of directors of GCP Applied Technologies Inc. (“GCP” or the “Company”) (NYSE: GCP), in connection with the proposed acquisition of the Company by Compagnie de Saint-Gobain S.A. (“Saint-Gobain”). Under the terms of the merger agreement, the Company’s shareholders will receive $32.00 per share in cash for each share of GCP common stock that they hold. The transaction is valued at approximately $2.3 billion.
WeissLaw LLP is investigating whether (i) GCP’s board of directors acted in the best interests of Company shareholders in agreeing to the proposed transaction, (ii) the per-share merger consideration adequately compensates GCP’s shareholders, and (iii) all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed.