SHAREHOLDER ALERT: Levi & Korsinsky Notifies Investors of Claims of Breaches
of Fiduciary Duty by the Board of Omnicom Group Inc. in Connection With Its
Proposed Merger With Publicis Groupe
NEW YORK, Aug. 15, 2013 (GLOBE NEWSWIRE) -- Levi & Korsinsky notifies
investors of Omnicom Group Inc. ("Omnicom" or the "Company") (NYSE:OMC) for
claims of breaches of fiduciary duty and other violations of state law against
the board of directors of the Company in connection with the proposed merger
of the Company with Publicis Groupe ("Publicis"). A complaint was filed in New
York state court.
Click here to learn more about the case: http://zlk.9nl.com/omnicom-omc/, or
Under the terms of the proposed merger, Omnicom shareholders will receive only
0.813 newly issued shares of the new company Publicis Omnicom Group for each
share of Omnicom stock they own. Omnicom will also receive a special dividend
of $2.00 per share. There may be up to two small subsequent dividends of $0.40
per share, however there is no guarantee of such payments. Publicis
shareholders will receive a one full, newly-issued ordinary share of Publicis
Omnicom Group for each Publicis share they own. Publicis shareholders will
also receive a special dividend of 1.00 euro per share. The transaction has a
total approximate value of $35 billion.The claims concern whether the Omnicom
Board of Directors breached their fiduciary duties to stockholders by failing
to adequately maximize the Company's value before agreeing to enter into this
proposed merger, and the fairness of the process by the Company before
agreeing to the proposed merger.
If you own common stock in Omnicom and wish to obtain additional information
or discuss your rights, please contact Joseph E. Levi, Esq. either via email
at email@example.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972,
or visit http://zlk.9nl.com/omnicom-omc/.
Levi & Korsinsky is a national firm with offices in New York, New Jersey and
Washington D.C. The firm has extensive expertise in prosecuting securities
litigation involving financial fraud, representing investors throughout the
nation in securities and shareholder lawsuits. For more information, please
feel free to contact any of the attorneys listed below. Attorney advertising.
Prior results do not guarantee similar outcomes.
CONTACT: Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
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