Block & Leviton LLP Investigates Proposed Buyout of TerraForm Power Inc.

World News: . []

BOSTON, Jan. 14, 2020 (GLOBE NEWSWIRE) -- Block & Leviton LLP (), a securities litigation firm representing investors and whistleblowers nationwide, informs investors that it has opened an investigation into the announcement by TerraForm Power, Inc. (NASDAQ: TERP) of a proposed sale of TerraForm to its controlling stockholder, Brookfield Renewable Partners LP (NYSE: BEP).

Under the terms of the proposed merger, Terraform investors would receive 0.36 of a Brookfield unit for every Class A TerraForm share owned. The offer is valued at $17.31 per share, providing TerraForm investors with a premium of only 11% over the company’s closing price on January 10, 2020.

If you purchased or otherwise acquired TerraForm securities and have questions about your legal rights, or possess information relevant to this matter, you are encouraged to contact attorney Mark Delaney at (617) 398-5600, by email at ,   or by visiting .

Block & Leviton LLP was recently ranked 4th among securities litigation firms by ISS for recoveries in 2017. The firm represents many of the nation's largest institutional investors and numerous individual investors in securities litigation throughout the country. Indeed, its lawyers have recovered billions of dollars for its clients.

This notice may constitute attorney advertising.


BLOCK & LEVITON LLP Mark Delaney (617) 398-5600 phone 260 Franklin Street, Suite 1860 Boston, MA 02110

More news and information about Block & Leviton LLP

Published By:

Globe Newswire: 16:18 GMT Tuesday 14th January 2020

Published: .

Search for other references to "block" on SPi News


Previous StoryNext Story

SPi News is published by Sector Publishing Intelligence Ltd.
© Sector Publishing Intelligence Ltd 2020. [Admin Only]
Sector Publishing Intelligence Ltd.
Agriculture House, Acland Road, DORCHESTER, Dorset DT1 1EF United Kingdom
Registered in England and Wales number 07519380.
Privacy Policy | Terms and Conditions | Contact Us