Law Offices of Howard G. Smith Announces Investigation of Zep, Inc.
09 Avril 2015 - 2:32AM
Business Wire
Law Offices of Howard G. Smith announces that it 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 and under the
terms of the agreement, Zep shareholders are to receive $20.05 for
each Zep share they own.
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 these matters or have any questions concerning this
announcement or your rights or interests with respect to these
matters, please contact Howard G. Smith, Esquire, of Law Offices of
Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem,
Pennsylvania 19020 by telephone at 215-638-4847, Toll-Free at
888-638-4847, or by email to howardsmith@howardsmithlaw.com, or
visit our website at http://www.howardsmithlaw.com.
Law Offices of Howard G. SmithHoward G. Smith,
Esquire215-638-4847 or
888-638-4847howardsmith@howardsmithlaw.comhttp://www.howardsmithlaw.com
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