Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of Artio Global Investors Inc. Shareholders
19 Febbraio 2013 - 6:26PM
Business Wire
Kirby McInerney LLP is investigating potential claims against
the Board of Directors of Artio Global Investors Inc. (“Artio” or
the “Company”) (NYSE: ART) related to the proposed acquisition of
the Company by Aberdeen Asset Management PLC (“Aberdeen”). Under
the terms of the agreement, Aberdeen will acquire all of the
outstanding common stock of Artio for $2.75 per share in cash, for
a total transaction value of approximately $165 million.
The investigation concerns whether the Artio Board of Directors
violated its fiduciary duties by agreeing to this transaction and
whether the proposed $2.75 per share consideration adequately
values Artio common shares. The offer price represents a 34%
premium to the price of shares on February 13, 2013, the day before
the deal was announced. As recently as October 2012, however, the
stock was trading higher than the offer price. Further, the owners
of 45 percent of the Company’s stock have agreed to vote in favor
of the transaction.
If you are an Artio shareholder and wish to obtain additional
information, please contact J. Brandon Walker, Esq. by email
at bwalker@kmllp.com, by telephone at (212) 699-1145 or (888)
529-4787, or by filling out this contact form.
Kirby McInerney LLP is a New York-based law firm concentrating
in securities, shareholder, whistleblower, antitrust and consumer
litigation. For additional information, please go to
www.kmllp.com.
Grafico Azioni Artio Global Investors Inc. Artio Global Investors Inc. (NYSE:ART)
Storico
Da Mag 2024 a Giu 2024
Grafico Azioni Artio Global Investors Inc. Artio Global Investors Inc. (NYSE:ART)
Storico
Da Giu 2023 a Giu 2024
Notizie in Tempo Reale relative a Artio Global Investors Inc. Artio Global Investors Inc. (Borsa di New York (NYSE)): 0 articoli recenti
Più Kirby McInerney LLP Articoli Notizie