We are investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Horizon Global Corporation (“Horizon” or the “Company”) (NYSE: HZN) in connection with the proposed acquisition of the Company by First Brands Group, LLC, via tender offer. Under the tender offer, the Company’s shareholders will receive $1.75 in cash for each share of Horizon common stock owned.
Weiss Law is investigating whether (i) Horizon’s board of directors acted in the best interests of Company shareholders in agreeing to the proposed transaction, (ii) the consideration to be paid adequately compensates Horizon’s shareholders, and (iii) all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed.