We are investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Vectrus, Inc. (“Vectrus” or the “Company”) (NYSE:VEC), in connection with the proposed acquisition of the Company by The Vertex Company (“Vertex”). Upon completion of the transaction, Vertex shareholders will own approximately 62% of the combined company, while Vectrus shareholders will own only approximately 38% of the combined company. The all-stock transaction is valued at approximately $3.4 billion.
Weiss Law is investigating whether (i) Vectrus’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 Vectrus’s shareholders, and (iii) all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed.