NEW YORK, Aug. 18, 2015 /PRNewswire/ -- Morgan &
Morgan announces that it is investigating potential claims against
the board of directors of Zulily, Inc. ("Zulily" or the "Company")
(NasdaqGS: ZU) concerning possible breaches of fiduciary duty and
other violations of law related to the sale of the Company to
Liberty Interactive Corporation ("Liberty") in a transaction valued
at approximately $2.4 billion.
If you own shares of Zulily and would like to learn more about
the Zulily shareholder investigation, you may contact Morgan &
Morgan at 1(800) 732-5200 or email
info@morgansecuritieslaw.com.
Under the terms of the transaction, Zulily shareholders will
receive $18.75 per share, which
consists of $9.375 in cash and 0.3098
in newly issued Liberty stock for each share of Zulily they own.
The investigation relates to whether the sale is fair to the public
shareholders and if the Company's Board of Directors breached their
fiduciary duties to shareholders.
About Morgan & Morgan
Morgan & Morgan is one of the nation's largest 200 law
firms. In addition to shareholder rights, the firm also
practices in the areas of antitrust, personal injury, consumer
protection, overtime, and product liability. All of the
Firm's legal endeavors are rooted in its core mission: provide
investor and consumer protection and always fight "for the
people."
Attorney advertising. Prior results do not guarantee a similar
outcome.
Contact:
Morgan & Morgan
Peter Safirstein, Esq.
28 West 44th Street
Suite 2001
New York, NY 10036
1-800-732-5200
info@morgansecuritieslaw.com
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SOURCE Morgan & Morgan