Wolf Haldenstein Investigating Rural/Metro Corporation Board
18 Aprile 2011 - 11:22PM
Business Wire
Attorney Advertising. The law firm of Wolf Haldenstein Adler
Freeman & Herz LLP is investigating possible breaches of
fiduciary duty by the Board of Directors of Rural/Metro Corporation
(“Rural/Metro” or the “Company”) (NASDAQ:RURL) arising out of the
proposed acquisition of Rural/Metro by Warburg Pincus
(“Warburg”).
On Monday, March 28, 2011, Rural/Metro announced that Warburg
will acquire it pursuant to an all cash offer. Under the terms of
the agreement, Rural/Metro stockholders will receive cash of $17.25
in exchange for each share of Rural/Metro common stock. However,
the Company may not have adequately shopped itself before entering
into this transaction and, pursuant to this proposed transaction,
Warburg may be underpaying for Rural/Metro, thus unlawfully harming
Rural/Metro shareholders.
Wolf Haldenstein has been representing individual and
institutional investors for many years, serving as lead counsel in
numerous cases in U.S. federal and state courts. Please visit the
Wolf Haldenstein website (http://www.whafh.com) for more
information about the firm.
If you own Rural/Metro common stock and you wish to discuss this
matter with us, or have any questions concerning your rights and
interests with regard to this matter, please contact:
Patrick Moran Wolf Haldenstein Adler Freeman
& Herz LLP
Symphony Towers 750 B Street, Suite 2770 San Diego, California
92101 619-239-4599 Email:
moran@whafh.com
Classmember@whafh.com
Website:
http://www.whafh.com
Attorney Advertising. Prior Results Do Not Guarantee A Similar
Outcome.
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