NEW YORK--(BUSINESS WIRE)--The Law Offices of Vincent Wong are investigating the Board of Directors of Nalco Holding Company (“Nalco” or “the Company”) (NYSE: NLC) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Ecolab Inc. (NYSE: ECL). Under the terms of the proposed transaction, Nalco shareholders may elect to receive either 0.7005 of a share of Ecolab common stock or $38.80 in cash per share for a total transaction of approximately $8.1 billion, including the assumption of debt.
The investigation concerns whether the Nalco Board of Directors breached their fiduciary duties to Nalco stockholders by failing to adequately shop the Company before entering into this transaction and whether Ecolab Inc. is underpaying for Nalco shares.
If you own common stock in Nalco 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/nalco-holding.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.
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