Glancy Binkow & Goldberg LLP Announces Continued Investigation of Interline Brands, Inc.
01 Giugno 2012 - 9:00PM
Business Wire
Glancy Binkow & Goldberg LLP announces that it is
investigating potential claims against the Board of Directors of
Interline Brands, Inc. (“IBI” or the “Company”) (NYSE: IBI) related
to the proposed acquisition of the Company by affiliates of GS
Capital Partners. The transaction is valued at approximately $1.1
billion or $25.50 per share.
The investigation concerns whether the Board of Directors of IBI
breached their fiduciary duties to stockholders by failing to
adequately shop the Company before agreeing to enter into the
proposed transaction, and whether the Company has disclosed all
material information to shareholders about the transaction. The
Company has seen substantial recent growth. Additionally, at least
one analyst has set a price target for the Company’s shares at
$28.00.
If you are a shareholder of IBI, 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 Louis Boyarsky, Esquire, Glancy Binkow
& Goldberg LLP, 1925 Century Park East, Suite 2100, Los
Angeles, CA 90067, by telephone at (310) 201-9150 or Toll Free at
(888) 773-9224 or by email to shareholders@glancylaw.com.
This press release may be considered Attorney
Advertising in some jurisdictions under the applicable law and
ethical rules.
Grafico Azioni Interline (NYSE:IBI)
Storico
Da Ago 2024 a Set 2024
Grafico Azioni Interline (NYSE:IBI)
Storico
Da Set 2023 a Set 2024
Notizie in Tempo Reale relative a Interline Brands, Inc. (Borsa di New York (NYSE)): 0 articoli recenti
Più Glancy Binkow & Goldberg LLP Articoli Notizie