SAN DIEGO, CA / ACCESSWIRE / December 3, 2019 / The Shareholders Foundation, Inc. announces that petitions were filed by several former investor in MPM Holdings Inc (formerly OTCQX: MPMQ).
Investors, who held shares of MPM Holdings Inc (formerly OTCQX: MPMQ), have certain options and should contact the Shareholders Foundation at [email protected] or call +1(858) 779 - 1554.
On September 13, 2018, MPM Holdings Inc. announced it had entered into an Agreement and Plan of Merger pursuant to which holders of MPM Holdings Inc common stock (formerly OTCQX: MPMQ) would be cashed out in exchange for $32.50 per share.
The Merger was approved by the written consent of two MPM Holdings Inc stockholders, Apollo Global Management, LLC ("Apollo") and Oaktree Capital Management, L.P. ("Oaktree"), which combined to control greater than 60% of the Company's stock, while minority stockholders did not vote on the Merger.
In July 2019, several petitions were filed by several investors in MPM Holdings Inc (formerly OTCQX: MPMQ) for a determination of the fair value of shares of common stock of MPM Holdings Inc.
Those who purchased shares of MPM Holdings Inc (formerly OTCQX: MPMQ) have certain options and should contact the Shareholders Foundation, Inc.
CONTACT:
Shareholders Foundation, Inc.
Michael Daniels
+1 (858) 779-1554
[email protected]
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and a settlement claim filing service, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. The Shareholders Foundation, Inc. is not a law firm. Any referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is only provided as a public service. It is not intended as legal advice and should not be relied upon.
SOURCE: Shareholders Foundation, Inc.