We are investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Weber Inc. (“Weber” or the “Company”) (NYSE: WEBR) in connection with the proposed acquisition of the Company by BDT Capital Partners LLC. Under the terms of the merger agreement, the Company’s shareholders will receive $8.05 in cash for each share of Weber common stock owned. The transaction is valued at approximately $3.7 billion.
Weiss Law is investigating whether (i) Weber’s board of directors acted in the best interests of Company shareholders in agreeing to the proposed transaction, (ii) the $8.05 per share merger consideration adequately compensates Weber’s shareholders, and (iii) all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed.