June 22, 2017 (Shareholders Foundation) - An investor, who currently holds shares of VWR Corp (NASDAQ:VWR), was announced concerning whether the takeover of VWR Corp by Avantor for $33.25 per share.
The plaintiff alleges that the defendants breached their fiduciary duties owed to NASDAQ:VWR stockholders by agreeing to sell VWR Corp. cheaply via an unfair process to Avantor.

On May 5, 2017, Avantor and VWR Corp (NASDAQ:VWR) announced that they have entered into an agreement under which Avantor will acquire VWR Corp for $33.25 in cash per share of VWR common stock, reflecting an enterprise value of approximately $6.4 billion.

However, plaintiff claims that the proposed consideration NASDAQ:VWR shareholders will receive is grossly inadequate and undervalues VWR Corp. In addition, the plaintiff alleges that the process is also unfair NASDAQ:VWR stockholders. Indeed, Varietal Distribution Holdings, LLC, the largest shareholder of VWR Corp comprised of, among other parties, Madison Dearborn Partners (MDP), which has been a significant shareholder of VWR Corp since 2007, and certain officers and directors of VWR Corp, has already signed a voting and support agreement committing it to vote in favor of the transaction, representing approximately 34.8% of the total issued and outstanding shares of common stock of VWR Corp,.