NEW YORK, May 31, 2012 /PRNewswire/ -- Levi & Korsinsky
is investigating the Board of Directors of Interline Brands, Inc.
("Interline" or the "Company") (NYSE: IBI) for possible breaches of
fiduciary duty and other violations of state law in connection with
the sale of the Company to affiliates of GS Capital Partners LP
("GS Capital") and P2 Capital Partners ("P2 Capital").
Click here to learn how to join the action:
http://zlk.9nl.com/interline-brands-ibi, or call: 877-363-5972.
There is no cost or obligation to you.
Under the terms of the transaction, Interline shareholders will
receive $25.50 per share of Interline
stock they own. The transaction has an approximate total
value of $1.1 billion, including the
assumption of debt. In addition to equity from funds managed
by GS Capital and P2 Capital, it is anticipated that certain
members of the Company's management will invest a portion of their
proceeds from the transaction. The investigation concerns whether
the consideration to be paid to Interline shareholders is unfair,
inadequate, and substantially below the fair or inherent value of
Interline, and whether the senior management of Interline are
putting their own interests ahead of those of the Company's
shareholders.
If you own common stock in Interline and wish to obtain
additional information, please contact Joseph E. Levi, Esq. either via email at
jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877)
363-5972, or http://zlk.9nl.com/interline-brands-ibi.
Levi & Korsinsky is a national firm with offices in
New York and Washington D.C.
The firm has extensive expertise in prosecuting securities
litigation involving financial fraud, representing investors
throughout the nation in securities and shareholder lawsuits.
The attorneys at Levi & Korsinsky have been appointed by
numerous courts throughout the country to serve as lead counsel on
behalf of shareholders in major securities lawsuits and have
successfully recovered multimillion-dollar damages awards on behalf
of investors. For more information, please feel free to
contact any of the attorneys listed below. Attorney advertising.
Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY
10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com
SOURCE Levi & Korsinsky, LLP