Bull & Lifshitz, LLP Announces Investigation of the Acquisition of Nobel Learning Communities, Inc.
26 Maggio 2011 - 6:21PM
Business Wire
Bull & Lifshitz, LLP announces an investigation into
possible breaches of fiduciary duty in connection with the proposed
acquisition of Nobel Learning Communities, Inc. (NASDAQ: NLCI)
(referred to as "Nobel" or the “Company”) by Leeds Equity Partners
(“Leeds Equity”) in a cash transaction valued at approximately $149
million, including consideration paid to holders of outstanding
options and warrants.
Under the terms of the definitive agreement, holders of the
outstanding common shares of Nobel will receive $11.75 in cash.
Additionally, holders of approximately 55% of the outstanding
shares of Company common stock, including the Company's Board and
executive management team, have entered into agreements with Leeds
Equity to vote in favor of the transaction.
Bull & Lifshitz, LLP's investigation is focused on whether
the proposed deal provides adequate value to the Company’s
shareholders. If you are a holder of Nobel stock and want to
discuss your legal rights, you may e-mail or call Bull &
Lifshitz, LLP who will, without obligation or cost to you, attempt
to answer your questions.
If you are a shareholder of Nobel and would like more
information about our investigation, please contact Peter D. Bull,
Esq. by telephone at (866) 313-6222 or by sending an e-mail
including your contact information to: counsel@nyclasslaw.com. All
e-mail correspondence should make reference to Nobel .
Bull & Lifshitz, LLP is a New York City-based law firm with
significant experience representing investors in merger-related
shareholder class actions, shareholder derivative actions, and
securities fraud class actions. For more information about the
firm, please visit our website at www.nyclasslaw.com.
ATTORNEY ADVERTISING. © 2011 Bull & Lifshitz, LLP.
The law firm responsible for this advertisement is Bull &
Lifshitz, LLP, 18 East 41st Street, New York, New York 10017, (212)
213-6222. Prior results do not guarantee or predict a similar
outcome with respect to any future matter.
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