MERGER ALERT – GDI, SSFN, and EE: Levi & Korsinsky, LLP Reminds Investors of Investigations Concerning the Sale of these Companies
NEW YORK, June 11, 2019 (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.
Gardner Denver Holdings, Inc. (NYSE: GDI)
Merger Announcement: April 30, 2019
Transaction Details: The proposed transaction will be effected through a "Reverse Morris Trust" transaction, allowing Ingersoll-Rand's Industrial segment ("Ingersoll-Rand Industrial") to be spun-off to Ingersoll-Rand's shareholders and simultaneously merged with and surviving as a wholly-owned subsidiary of Gardner Denver. Upon completion of the combination, existing Ingersoll-Rand shareholders will own 50.1% of the combined company and existing stockholders of Gardner Denver will own 49.9% of the combined company.
To learn more about the GDI investigation and your rights, go to: https://www.zlk.com/mna/gardner-denver-holdings-inc
Stewardship Financial Corporation (NASDAQCM: SSFN)
Merger Announcement: June 7, 2019
Transaction Details: Under the terms of the deal, stockholders of Stewardship will receive $15.75 in cash for each share of Stewardship common stock held.
To learn more about the SSFN investigation and your rights, go to: https://www.zlk.com/mna/stewardship-financial-corporation
El Paso Electric Company (NYSE: EE)
Merger Announcement: June 6, 2019
Transaction Details: Under the terms of the deal, the shareholders of El Paso will receive $68.25 per share in cash for each share of El Paso they own.
To learn more about the EE investigation and your rights, go to: https://www.zlk.com/mna/el-paso-electric-company
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
