NEW YORK--(BUSINESS WIRE)--The Law Offices of Vincent Wong are investigating the Board of Directors of Warner Music Group Corp. (NYSE: WMG) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Access Industries. Under the terms of the proposed deal, WMG shareholders will receive $8.25 in cash per share. The transaction has a total approximate value of $3.3 billion.
The investigation concerns whether the WMG Board of Directors breached their fiduciary duties to WMG stockholders by failing to adequately shop the Company before entering into this transaction and whether Access Industries is underpaying for WMG shares.
If you own common stock in WMG and wish to obtain additional information, please contact Vincent Wong, Esq. either via email email@example.com, by telephone at 212.584.2740, or visit http://www.wongesq.com/warner-music-group.html.
Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.