SHAREHOLDER ALERT: Brower Piven Commences An Investigation Into The Proposed Sale Of Norcraft Companies, Inc. And Encourages ...
07 Avril 2015 - 12:53AM
Business Wire
The securities litigation law firm of Brower Piven, A
Professional Corporation, has commenced an investigation into
possible breaches of fiduciary duty and other violations of state
law by the Board of Directors of Norcraft Companies, Inc.
(“Norcraft” or the “Company”) (NYSE: NCFT) relating to the proposed
buyout of the Company by Fortune Brands Home & Security,
Inc.
Under the terms of the transaction, Norcraft shareholders are
anticipated to receive $25.50 in cash for each share of Norcraft
common stock held. The firm’s investigation seeks to determine,
among other things, whether the Company’s Board of Directors failed
to satisfy their duties to shareholders, including whether the
Board adequately pursued alternatives to the acquisition and
whether the Board obtained the best price possible for the
Company’s shares of common stock.
If you currently own common stock of Norcraft and would like to
learn more about the investigation being conducted by Brower Piven,
without cost or obligation to you, please visit our website at
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 have extensive experience in
litigating securities and other class action cases and have been
advocating for the rights of shareholders since the 1980s.
Brower Piven, A Professional CorporationCharles J. Piven,
410-415-66161925 Old Valley RoadStevenson, Maryland
21153hoffman@browerpiven.com
NORCRAFT COMPANIES, INC. (NYSE:NCFT)
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