Wolf Haldenstein Investigating NBTY, Inc. Board
16 Luglio 2010 - 6:37PM
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 NBTY, Inc. (“NBTY” or
the “Company”) [NYSE:NTY] arising out of the proposed acquisition
of NBTY by the Carlyle Group (“Carlyle”).
On Thursday, July 15, 2010, NBTY announced that Carlyle will
acquire NBTY pursuant to an all cash offer. Under the terms of the
agreement, NBTY stockholders will receive cash of $55 in exchange
for each share of NBTY common stock. However, the Company may not
have adequately shopped itself before entering into this
transaction and, pursuant to this proposed transaction, Carlyle may
be underpaying for NBTY, thus unlawfully harming NBTY
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 NBTY 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:
Gustavo Bruckner or Derek Behnke Wolf Haldenstein Adler Freeman
& Herz LLP 270 Madison Avenue New York, New York 10016
Phone Numbers:
(800) 575-0735
(212) 545-4600
Email:
bruckner@whafh.com
Classmember@whafh.com
Website:
http://www.whafh.com
Attorney Advertising. Prior Results Do Not Guarantee A Similar
Outcome.
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