Finkelstein Thompson LLP Announces Investigation of M&F Worldwide Corporation
16 Junho 2011 - 1:23PM
Business Wire
Finkelstein Thompson LLP is investigating potential claims on
behalf of shareholders of M&F Worldwide Corp. (“MFW” or the
“Company”) (NYSE: MFW) concerning the proposed acquisition of the
Company by MacAndrews & Forbes Holdings, Inc. (“MacAndrews”).
Under the terms of the offer, MacAndrews, which already holds 43%
of the Company’s outstanding shares, is offering the MFW common
shareholders $24.00 in cash for each share they own in a
transaction valued at approximately $500 million.
The investigation is focused on the potential unfairness of the
consideration to MFW shareholders, the process by which the Board
of Directors considered the transaction, and potential conflicts of
interests among MFW Board members. MFW’s stock closed at $26.38 as
recently as April 7, 2011, and since the announcement the Company’s
stock has traded above the $24.00 offer price.
If you are interested in discussing your rights as an MFW
shareholder, or have information relating to this investigation,
please contact Finkelstein Thompson's Washington, DC offices at
(877) 337-1050 or by email at contact@finkelsteinthompson.com.
Finkelstein Thompson LLP has spent over three decades delivering
outstanding representation to institutional and individual clients
in financial litigation, and has been appointed as lead or co-lead
counsel in dozens of shareholder class actions. Indeed, the firm
has served in leadership roles in cases that have recovered over $1
billion for investors and consumers.
To learn more about Finkelstein Thompson LLP, please visit our
web site at www.finkelsteinthompson.com. Attorney advertising.
Prior results do not guarantee similar outcomes.
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