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SHAREHOLDER ALERT: WeissLaw LLP Reminds RBC, AEGN, APEX, And PTVCA Shareholders About Its Ongoing Investigations

February 23, 2021
Reading Time:4min read

NEW YORK, Feb. 23, 2021 /PRNewswire/ —

If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice or your rights or interests, please contact:

Joshua Rubin, Esq.WeissLaw LLP1500 Broadway, 16 th Floor New York, NY  10036 (212) 682-3025 (888) 593-4771 [email protected]

Regal Beloit Corporation (RBC) – Get Report 

WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Regal Beloit Corporation (RBC) – Get Report in connection with the company’s proposed combination with Rexnord Corporation’s (“Rexnord”) process & motion control business (“PMC Business”).  Under the terms of agreement, Rexnord will separate its PMC Business by way of a tax-free spin-off to Rexnord shareholders and then immediately combine it with RBC in a Reverse Morris Trust transaction.  RBC shareholders will own 61.4% and Rexnord will own 38.6% of the combined entity.  If you own RBC shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: https://weisslawllp.com/rbc/   

Aegion Corporation (AEGN) – Get Report

WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Aegion Corporation (AEGN) – Get Report in connection with the proposed acquisition of the company by New Mountain Capital, L.L.C.  Under the terms of the merger agreement, AEGN shareholders will receive $26.00 in cash for each share of AEGN common stock that they hold.  If you own AEGN shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: https://weisslawllp.com/aegn/ 

Apex Global Brands Inc. (OTC: APEX) 

WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Apex Global Brands Inc. (OTC: APEX) in connection with the company’s proposed merger with Galaxy Universal LLC.  Under the terms of the merger agreement, APEX shareholders will receive only $2.00 in cash for each share of APEX common stock that they hold.  If you own APEX shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: https://weisslawllp.com/apex/   

Protective Insurance Corporation (PTVCA) – Get Report

WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Protective Insurance Corporation (PTVCA) – Get Report in connection with the proposed acquisition of the company by The Progressive Corporation.  Under the terms of the merger agreement, PTVCA shareholders will receive $23.30 in cash for each share of PTVCA common stock that they hold.  If you own PTVCA shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: https://weisslawllp.com/ptvca/  

View original content to download multimedia: http://www.prnewswire.com/news-releases/shareholder-alert-weisslaw-llp-reminds-rbc-aegn-apex-and-ptvca-shareholders-about-its-ongoing-investigations-301233842.html

SOURCE WeissLaw LLP

————————

Originally published at https://www.thestreet.com/press-releases/shareholder-alert-weisslaw-llp-reminds-rbc-aegn-apex-and-ptvca-shareholders-about-its-ongoing-investigations-15575920 on February 23, 2021 7:40 pm.

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