WCA Waste Corporation
Symbol:
WCAA
Class Period:
Status:
Investigating
Documents:
Pomerantz is investigating claims on behalf of investors of WCA Waste Corporation (“WCA” or the “Company”) (NASDAQ:WCAA) concerning the proposed acquisition of WCA by Macquarie Infrastructure Partners II (“MIP II”) in a cash transaction valued at approximately $526 million.
The investigation concerns whether the WCA directors are breaching their fiduciary duties by failing to adequately shop the Company and maximize shareholder value. Under the terms of the agreement, the Price to Revenue multiple and Price to EBITDA multiple that MIP II would be paying for WCA is below that of comparable transactions.
WCA shareholders seeking more information about this acquisition are advised to contact Gustavo Bruckner, Esq. at gfbruckner [at] pomlaw [dot] com or 212-661-1100 or toll free at 888-476-6529, ext. 302. Shareholders may also contact Rachelle R. Boyle at rrboyle [at] pomlaw [dot] com or 212-661-1100 or 888-476-6529, ext. 237.
