INVESTIGATION ALERT: Kaskela Law LLC Announces Stockholder Investigation of Zurn Water Solutions Corp. (ZWS) in Connection with Recent Merger Announcement

February 27, 2022 9:03 PM EST | Source: Kaskela Law LLC

Philadelphia, Pennsylvania--(Newsfile Corp. - February 27, 2022) - Investor protection firm Kaskela Law LLC announces that is investigating Zurn Water Solutions Corp. ("Zurn") (NYSE: ZWS) on behalf of the company's stockholders.

On February 14, 2022, Zurn announced that it had entered into a definitive agreement to acquire Elkay Manufacturing Co. ("Elkay") in an all-stock transaction. According to the announcement, Zurn is expected to issue 52.5 million shares of Zurn common stock to Elkay shareholders who are, as a result, expected to own approximately 29% of the combined company.

The investigation seeks to determine whether the members of Zurn's Board of Directors violated the securities laws or breached their fiduciary duties to ZWS shareholders in connection with the proposed transaction, and whether Zurn shareholders are being provided with all material information in connection with the proposed merger.

Zurn shareholders are encouraged to contact Kaskela Law LLC (Adrienne Bell, Esq.) at (484) 229 - 0750, or by email (abell@kaskelalaw.com) or online at https://kaskelalaw.com/cases/zurn-water-solutions-corp/, for additional information about this investigation and their legal rights and options.

Kaskela Law LLC represents investors in securities fraud, corporate governance, and merger & acquisition litigation. For additional information about Kaskela Law LLC please visit www.kaskelalaw.com. This notice may constitute attorney advertising in certain jurisdictions.

CONTACT:

D. Seamus Kaskela, Esq.
Adrienne Bell, Esq.
KASKELA LAW LLC
18 Campus Blvd., Suite 100
Newtown Square, PA 19073
(484) 229 - 0750
(888) 715 - 1740
www.kaskelalaw.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/115047

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