Weiss Law investigates Vidler Water Resources, Inc.
NEW YORK, April 14, 2022 /PRNewswire/ — Weiss’ law investigation of possible breaches of fiduciary duty and other violations of law by the board of directors of Vidler Water Resources, Inc. (“Vidler” or the “Company”) (NASDAQ: VWTR), in the in connection with the proposed acquisition of the Company by DR Horton, Inc. (NYSE: DHI), via a tender offer. Under the terms of the merger agreement, shareholders of the Company will receive $15.75 in cash for each common share of Vidler held. The transaction is valued at approximately $291 million.
If you own Vidler actions and wish to discuss this investigation or have any questions regarding this notice or your rights or interests, visit our website:
https://www.weisslaw.co/news-and-cases/vwtr Or please contact:
Joshua Rubin, Esq.
305 Broadway, 7and Stage
New YorkNY 10007
Weiss Law is investigating whether (i) Vidler’s Board of Directors acted in the best interests of the Company’s shareholders in agreeing to the proposed transaction, (ii) the $15.75 the merger consideration per share adequately compensates Vidler shareholders, and (iii) all information regarding the sale process and valuation of the transaction will be fully and fairly disclosed.
Weiss Law has litigated hundreds of shareholder class and derivative actions for breach of corporate and fiduciary duties. We’ve recovered over $1 billion for defrauded customers and won significant corporate governance relief in many of those cases. If you have information or want legal advice regarding possible corporate wrongdoing (including insider trading, waste of company assets, accounting fraud or misleading information), fraud consumer rights (including false advertising, defective products or other deceptive marketing practices), or anti-trust violations, please email us at [email protected]
SOURCE Weiss’ Law