We are investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Alleghany Corporation (“Alleghany” or the “Company”) (NYSE: Y) in connection with the proposed acquisition of the Company by Berkshire Hathaway (“Berkshire”) (NYSE: BRK.A; BRK.B). Under the terms of the merger agreement, the Company’s shareholders will receive $848.02 in cash for each share of Alleghany common stock owned. The transaction is valued at approximately $11.6 billion.
Weiss Law is investigating whether (i) Alleghany’s board of directors acted in the best interests of Company shareholders in agreeing to the proposed transaction, (ii) the $848.02 per-share merger consideration adequately compensates Alleghany’s shareholders, and (iii) all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed.