Engel Law PLLC is investigating whether fair value to Newmont Corporation (NYSE: NEM) shareholders will result from the proposed merger between Newmont and Newcrest Mining Limited, pursuant to which Newcrest stockholders will receive 0.400 Newmont shares for each Newcrest share and a special dividend of up to $1.10 per share paid by Newcrest for each share of Newcrest common stock they hold.
The Firm’s investigation concerns:
(i) whether the Company’s board of directors acted in the best interests of Company shareholders in agreeing to the proposed transaction;
(ii) whether the merger consideration adequately compensates the Company’s shareholders; and
(iii) whether all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed.