(MENAFN- GlobeNewsWire - Nasdaq)
NEW YORK, March 17, 2022 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, has launched an investigation into whether the officers or directors of Marrone Bio Innovations, Inc. (NASDAQ: MBII) (“MBI”) breached their fiduciary duties or violated the federal securities laws in connection with the company's merger with Bioceres Crop Solutions Corp. (NASDAQ: BIOX).
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On March 16, 2022, MBI announced that it had entered into an agreement to merge with Bioceres in a deal valued at approximately $236 million. Pursuant to the merger agreement, MBI stockholders will receive ordinary shares of Bioceres at a fixed ratio of 0.088. The deal is scheduled to close in the third quarter of 2022.
Bragar Eagel & Squire is concerned that MBI's board of directors oversaw an unfair process and ultimately agreed to an inadequate merger agreement. Accordingly, the firm is investigating all relevant aspects of the deal and is committed to securing the best result possible for MBI's stockholders.
If you own shares of MBI and are concerned about the proposed merger, or you are interested in learning more about the investigation or your legal rights and remedies, please contact Melissa Fortunato or Alexandra Raymond by email at or telephone at (646) 860-9157, or by filling out this contact form . There is no cost or obligation to you.
About Bragar Eagel & Squire, P.C.:
Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, California, and South Carolina. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit . Attorney advertising. Prior results do not guarantee similar outcomes.
Contact Information:
Bragar Eagel & Squire, P.C.
Melissa Fortunato, Esq.
Alexandra Raymond, Esq.
Tags Marrone Bioceres MBI MBII merger acquisition securities class action stockholder rights litigation legal lawyer lawsuit share stock Class Action
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