NEW YORK, Oct. 23, 2018 (GLOBE NEWSWIRE) -- The following statement is being issued by Levi & Korsinsky, LLP:
Levi & Korsinsky, LLP announces that investigations have commenced on behalf of shareholders of the following publicly-traded companies.
Nexeo Solutions, Inc. (NASDAQCM: NXEO)
Merger Announcement: September 17, 2018
Transaction Details: Nexeo will be purchased by Univar Inc. (NYSE: UNVR). Under the terms of the transaction, Nexeo shareholders will receive 0.305 shares of Univar common stock and $3.29 in cash for each share of Nexeo stock they own; this represents a value of approximately $11.65 per share.
To learn more about the action and your rights, go to: https://www.zlk.com/mna/nexeo-solutions-inc.
SendGrid, Inc. (NYSE: SEND)
Merger Announcement: October 15, 2018
Transaction Details: SendGrid will be purchased by Twilio (NYSE: TWLO). Under the terms of the transaction, SendGrid shareholders will receive 0.485 shares of Twilio Class A common stock for each share of SendGrid stock they own. Based on the closing price of Twilio stock on October 15, 2018, this represents a value of approximately $36.92 per share.
To learn more about the action and your rights, go to: https://www.zlk.com/mna/sendgrid-merger.
Sonic Corp. (NASDAQ: SONC)
Merger Announcement: September 25, 2018
Transaction Details: Sonic will be purchased by Inspire Brands, Inc. Under the terms of the transaction, Sonic shareholders will receive $43.50 in cash for each share of Sonic stock they own.
To learn more about the action and your rights, go to: https://www.zlk.com/mna/sonic-corp.
Levi & Korsinsky is a national firm with offices in New York, Connecticut, California, and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
jlevi@levikorsinsky.com
55 Broadway, 10th Floor
New York, NY 10006
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com