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TEN Stock Alert: Halper Sadeh LLP Is Investigating Whether the Sale of Tenneco Inc. Is Fair to Shareholders

By: Halper Sadeh LLP via Business Wire
February 23, 2022 at 12:31 PM EST

Halper Sadeh LLP, an investor rights law firm, is investigating whether the sale of Tenneco Inc. (NYSE: TEN) to funds managed by affiliates of Apollo Global Management, Inc. for $20.00 per share is fair to Tenneco shareholders.

Halper Sadeh encourages Tenneco shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.

The investigation concerns whether Tenneco and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for Tenneco shareholders; (2) determine whether Apollo is underpaying for Tenneco; and (3) disclose all material information necessary for Tenneco shareholders to adequately assess and value the merger consideration. On behalf of Tenneco shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.

Halper Sadeh encourages Tenneco shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.

Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.

Attorney Advertising. Prior results do not guarantee a similar outcome.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220223006043/en/

Contacts

Halper Sadeh LLP

Daniel Sadeh, Esq.

Zachary Halper, Esq.

(212) 763-0060

sadeh@halpersadeh.com

zhalper@halpersadeh.com

https://www.halpersadeh.com

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