The Alexander Firm P.C. Announces Investigation of American Pacific Corporation
13 Janvier 2014 - 9:57PM
Business Wire
The Alexander Firm P.C., A Professional Law Corporation,
announces that it is investigating potential claims against the
Board of Directors of American Pacific Corporation (“American
Pacific” or the “Company”) (NASDAQ:APFC) related to the proposed
acquisition of the Company by H.I.G. Capital, LLC (“HIG”). The
transaction is valued at approximately $392 million, or $46.50 per
share.
This investigation concerns whether the Board of Directors of
American Pacific breached their fiduciary duties to stockholders by
failing to adequately shop the Company before agreeing to enter
into the proposed transaction, and whether the Company has
disclosed all material information to shareholders about the
transaction. The Company has seen substantial recent growth. In
fact, its share price has skyrocketed from $17.51 on January 11,
2013 to $58.20 on October 4, 2013.
If you are a shareholder of American Pacific, if you have
information or would like to learn more about our investigation, or
if you wish to discuss these matters or have any questions
concerning this announcement or your rights or interests with
respect to these matters, please contact Vahn Alexander, Esq., The
Alexander Firm P.C., A Professional Law Corporation, 1875 Century
Park East, Suite 700, Los Angeles, California 90067, by telephone
at (310) 407-5335, or by email to info@alexanderfirmpc.com, or
visit our website at www.alexanderfirmpc.com. This press release
may be considered Attorney Advertising in some jurisdictions under
the applicable law and ethical rules.
The Alexander Firm P.C., A Professional Law CorporationVahn
Alexander, Esq.(310)
407-5335info@alexanderfirmpc.comwww.alexanderfirmpc.com
American Pacific (NASDAQ:APFC)
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