Glancy Binkow & Goldberg LLP is Investigating Zep, Inc. Board of Directors
08 Avril 2015 - 7:16PM
Business Wire
Glancy Binkow & Goldberg LLP is investigating potential
claims against the Board of Directors of Zep, Inc. (“Zep” or the
“Company”) (NASDAQ:ZEP) related to the proposed acquisition of the
Company by New Mountain Capital. The transaction is valued at
approximately $692 million. The Company’s shareholders will receive
$20.05 per share in cash for each share of Zep common stock.
This investigation concerns whether the Board of Directors of
Zep 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.
If you are a shareholder of Zep, if you have information or
would like to learn more about our investigation, or if you wish to
discuss your rights or interests with respect to these matters,
please contact Louis Boyarsky, Esquire, Glancy Binkow &
Goldberg LLP, 1925 Century Park East, Suite 2100, Los Angeles, CA
90067, by telephone at (310) 201-9150 or Toll Free at (888)
773-9224 or by email to shareholders@glancylaw.com. This press
release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.
Glancy Binkow & Goldberg LLPLouis Boyarsky, Esquire(310)
201-9150 or Toll Free at (888)
773-9224shareholders@glancylaw.com
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