litigation
confidence high
sentiment neutral
materiality 0.35
Rogers supplements proxy with financial projections, resolves six of eight shareholder suits over DuPont merger
ROGERS CORP
- Voluntarily supplements Proxy Statement with additional financial projections and J.P. Morgan fairness opinion details.
- Revenue projections: $943M (2021E) to $1,969M (2026E); Adjusted EBITDA $220M to $579M similarly.
- Six of eight plaintiffs have agreed to dismiss their complaints after supplemental disclosures.
- Company denies all allegations and states supplemental disclosures are not material.
- Merger price remains $277.00 per share; special meeting date not disclosed.