SHAREHOLDER ALERT: Brower Piven Announces the Investigation of R.G. Barry Corp. in Connection with the Proposed Sale of the C...
05 Mai 2014 - 10:08PM
Business Wire
The securities litigation law firm of Brower Piven, A
Professional Corporation, has commenced an investigation into
possible breaches of fiduciary duty to current shareholders of R.G.
Barry Corporation (“R.G. Barry” or the “Company”) (NasdaqGS: DFZ)
and other violations of state law by the board of directors of R.G.
Barry relating to the proposed buyout of the Company by Mill Road
Capital (“Mill Road”).
Under the terms of the transaction, R.G. Barry shareholders will
receive $19.00 per share in cash for each share of R.G. Barry stock
they own. According to Yahoo! Finance, at least one analyst
following R.G. Barry has set a target price of $21.50 per
share.
The firm’s investigation seeks to determine, among other things,
whether the Company’s board of directors breached their fiduciary
duties by failing to maximize shareholder value before agreeing to
enter into this transaction, and whether Mill Road is underpaying
for R.G. Barry shares.
If you currently own common stock of R.G. Barry and would like
to learn more about the investigation being conducted by Brower
Piven, without cost or obligation to you, click here:
http://www.browerpiven.com/currentinvestigations.html.
You may also request more information by contacting Brower Piven
either by email at hoffman@browerpiven.com or by telephone at (410)
415-6616. Attorneys at Brower Piven together have more than a
century of experience litigating securities and other class action
cases.
Brower Piven, A Professional CorporationCharles J. Piven,
410-415-66161925 Old Valley RoadStevenson, Maryland
21153hoffman@browerpiven.com
(MM) (NASDAQ:DFZ)
Graphique Historique de l'Action
De Mai 2024 à Juin 2024
(MM) (NASDAQ:DFZ)
Graphique Historique de l'Action
De Juin 2023 à Juin 2024
Real-Time news about (MM) (NASDAQ): 0 recent articles
Plus d'articles sur R.G. Barry Corp. (MM)