Law Offices of Howard G. Smith Announces Continued Investigation of Dreams, Inc.
24 Aprile 2012 - 5:08PM
Business Wire
Law Offices of Howard G. Smith announces that it is
investigating potential claims against the Board of Directors of
Dreams, Inc. (“Dreams” or the “Company”) (NYSE Amex: DRJ) related
to the proposed acquisition of the Company by Fanatics, Inc. The
transaction is valued at approximately $183 million or $3.45 per
share.
This investigation concerns whether the Board of Directors of
Dreams 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. The
Company has seen substantial recent growth. Its share price has
skyrocketed from $1.86 on October 31, 2011 to $3.00 on March 26,
2012. Further, at least one analyst has set a target price for the
Company’s stock at $5.00 per share.
If you are a shareholder of Dreams, 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.
Grafico Azioni Dreams, Inc. (AMEX:DRJ)
Storico
Da Ago 2024 a Set 2024
Grafico Azioni Dreams, Inc. (AMEX:DRJ)
Storico
Da Set 2023 a Set 2024
Notizie in Tempo Reale relative a Dreams, Inc. (Borsa Americana (AMEX)): 0 articoli recenti
Più Law Offices of Howard G. Smith Articoli Notizie