SHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Announces the Investigation of American Capital, Ltd. (ACAS) Over the Proposed Sale ...
26 Maio 2016 - 6:01PM
Business Wire
Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a
leading national securities firm headquartered in New York City, is
investigating the Board of Directors of American Capital, Ltd.
(“American Capital” or the “Company”) (Nasdaq:ACAS) for potential
breaches of fiduciary duties in connection with the sale of the
Company to Ares Capital Corp. for approximately $3.43 billion.
The Company’s stockholders will only receive 8.86 in cash and
0.483 shares of Ares per American Capital share owned,
approximately $17.40. However, the offer is below at least one
analyst’s price target of $18 per share for the Company.
Click here for more information:
www.faruqilaw.com/ACAS. There is no cost or
obligation to you.
The investigation focuses on whether American Capital’s Board of
Directors breached their fiduciary duties to the Company’s
stockholders by failing to conduct a fair sales process and whether
and by how much this proposed transaction undervalues the Company
to the detriment of American Capital’s shareholders.
Faruqi & Faruqi, LLP is a national law firm which represents
investors and individuals in class action litigation. The firm is
focused on providing exemplary legal services in complex litigation
in the areas of securities, shareholder, antitrust and consumer
litigation, throughout all phases of litigation. The firm has an
experienced trial team which has achieved significant victories on
behalf of the firm’s clients. follow us on Twitter at
www.twitter.com/MergerActivity or on Facebook at
www.facebook.com/FaruqiLaw.
If you own common stock in American Capital and wish to obtain
additional information and protect your investments free of charge,
please visit us at www.faruqilaw.com/ACAS or contact Juan
Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com or
by telephone at (877) 247-4292 or (212) 983-9330.
Attorney Advertising. (C) 2016 Faruqi & Faruqi, LLP. The law
firm responsible for this advertisement is Faruqi & Faruqi, LLP
(www.faruqilaw.com). Prior results do not guarantee or predict a
similar outcome with respect to any future matter. We are happy to
discuss your particular case.
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Faruqi & Faruqi, LLP685 Third Avenue, 26th FloorNew York, NY
10017Attn: Juan Monteverde, Esq.jmonteverde@faruqilaw.comToll Free:
(877) 247-4292Phone: (212) 983-9330
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