Law Office of Brodsky & Smith, LLC Announces Investigation of NBTY, Inc.
16 Juillet 2010 - 4:00AM
Business Wire
Law office of Brodsky & Smith, LLC announces that it is
investigating potential claims against the Board of Directors of
NBTY, Inc. (“NBTY” or the “Company”) (NYSE:NTY) relating to the
proposed acquisition by The Carlyle Group, a private equity
firm.
Under the terms of the agreement, NBTY shareholders would
receive cash of $55.55 for each share of NBTY stock they own. The
investigation concerns possible breaches of fiduciary duty and
other violations of state law. The transaction appears to be
unfair, in part, given that NBTY stock was trading at $50.51 a
share as recently as April 15, 2010 and was trading at $50.26 a
share on March 10, 2010.
If you own shares of NBTY and wish to discuss the legal
ramifications of the proposed transaction, or have any questions,
you may e-mail or call the law office of Brodsky & Smith, LLC
who will, without obligation or cost to you, attempt to answer your
questions. You may contact Jason L. Brodsky, Esquire or Evan J.
Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite
602, Bala Cynwyd, PA 19004, by e-mail at
investorrelations@brodsky-smith.com, or by calling toll free
877-LEGAL-90.
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