Faruqi & Faruqi, LLP Announces the Investigation of PartnerRe Ltd. (PRE) Over the Proposed Sale of the Company to Exor
Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of PartnerRe Ltd. (“PRE” or the “Company”) (NYSE:PRE) for potential breaches of fiduciary duties in connection with the sale of the Company to Exor for approximately$6.9 billion in an all-cash transaction.
The Company’s stockholders will only receive $140.50 for each share of Company common stock they own. However, the offer represents a negligible premium compared to the opening price of $138.47 on August 7, 2015 and is below at least one analyst price target of $143.89.
If you own common stock in PartnerRe and wish to obtain additional information and protect your investments free of charge, please fill out the form below or contact Juan E. Monteverde, Esq. either via e-mail at firstname.lastname@example.org or by telephone at (877) 247-4292 or (212) 983-9330.
Please tell us about yourself by completing the form below and we will provide you with additional
information at no cost to you on how to join the Class Action.
* The submission of this form does not create an attorney-client relationship.
Juan E. Monteverde
Faruqi & Faruqi, LLP
685 Third Avenue 26th Floor
New York, NY 10017
Tel: (212) 983-9330
If you have information regarding this case that you would like to make available, please click here to contact us about our investigation.