NEW YORK, Aug.27, 2020 /PRNewswire/ -- Halper Sadeh LLP, a global investor rights law firm, is investigating whether Builders FirstSource, Inc. (BLDR) - Get Builders FirstSource, Inc. Report and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders in connection with Builders FirstSource's proposed merger with BMC Stock Holdings, Inc.
Under the terms of the agreement, BMC shareholders will receive 1.3125 shares of Builders FirstSource common stock for each share of BMC common stock. Upon completion of the merger, Builders FirstSource shareholders will own approximately 57% of the combined company while BMC shareholders will own approximately 43% of the combined company.
If you are a Builders FirstSource shareholder and would like to discuss your legal rights and options, please visit https://halpersadeh.com/actions/builders-firstsource-inc-bldr-stock-merger-bmc/ or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or firstname.lastname@example.org or email@example.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.
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SOURCE Halper Sadeh LLP