NATIONAL INTERSTATE CORPORATION SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout
27 Luglio 2016 - 5:04PM
Business Wire
Rigrodsky & Long, P.A.:
- Do you own shares of National
Interstate Corporation (NASDAQ GS: NATL)?
- Did you purchase any of your shares
prior to July 25, 2016?
- Do you think the proposed buyout
price is too low?
- Do you want to discuss your
rights?
Rigrodsky & Long, P.A. announces that it is investigating
potential legal claims against the board of directors of National
Interstate Corporation (“National Interstate” or the “Company”)
(NASDAQ GS: NATL) regarding possible breaches of fiduciary duties
and other violations of law related to the Company’s entry into an
agreement to be acquired by Great American Insurance Company, a
wholly-owned subsidiary of American Financial Group, Inc. (“Great
American”) (NYSE: AFG), in a transaction valued at approximately
$660 million.
Click here to learn more:
http://rigrodskylong.com/investigations/national-interstate-corporation-natl-buyout.
Under the terms of the agreement, shareholders of National
Interstate will receive $32.00 in cash for each share of National
Interstate common stock. In addition, National Interstate will pay
a special dividend of $0.50 per common share upon the closing of
the merger.
The investigation concerns whether National Interstate’s board
of directors failed to adequately shop the Company and obtain the
best possible value for National Interstate shareholders before
entering into an agreement with Great American.
If you own the common stock of National Interstate and purchased
your shares before July 25, 2016, if you have information or would
like to learn more about these claims, 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 Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long,
P.A., 2 Righter Parkway, Suite 120, Wilmington, DE 19803, by
telephone at (888) 969-4242; by e-mail to info@rl-legal.com, or at:
http://rigrodskylong.com/investigations/national-interstate-corporation-natl-buyout.
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware
and Garden City, New York, regularly prosecutes securities class,
derivative and direct actions, shareholder rights litigation and
corporate governance litigation, on behalf of shareholders in
states and federal courts throughout the United States.
Attorney advertising. Prior results do not guarantee a similar
outcome.
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version on businesswire.com: http://www.businesswire.com/news/home/20160727005980/en/
Rigrodsky & Long, P.A.Seth D. RigrodskyGina M.
Serra888-969-4242302-295-5310Fax:
302-654-7530info@rl-legal.comhttp://www.rigrodskylong.com
Grafico Azioni National Interstate (NASDAQ:NATL)
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Grafico Azioni National Interstate (NASDAQ:NATL)
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Da Gen 2024 a Gen 2025