The Law Firm of Weiss & Lurie Investigates the Acquisition of CKx, Inc.
11 Maio 2011 - 12:27PM
Business Wire
Weiss & Lurie, a national class action and shareholder
rights law firm with offices in New York City and Los Angeles, is
investigating possible breaches of fiduciary duty and other
violations of law by the Board of Directors of CKx, Inc. (NASDAQ:
CKXE) arising from its proposed acquisition by an affiliate of
Apollo Global Management for $5.50 per share. The acquisition will
be completed through a cash tender offer that is expected to be
commenced shortly.
Weiss & Lurie is investigating whether CKx’s Board acted in
the best interests of shareholders in approving the transaction and
whether the Board adequately shopped the Company prior to entering
into the acquisition agreement. A least one analyst set CKx’s price
target at $8, much higher than the price being offered.
If you own CKx shares and would like more information about your
rights as a shareholder or additional information concerning our
investigation, please contact Julia J. Sun either by email at
info@weisslurie.com or by telephone at (888) 593-4771.
Weiss & Lurie has litigated hundreds of stockholder class
and derivative actions for violations of corporate and fiduciary
duties. We have recovered over a billion dollars for defrauded
institutions and individuals and obtained important corporate
governance in these cases. If you have information or would like
legal advice concerning possible corporate wrongdoing (such as
insider trading, waste of corporate assets, accounting fraud, or
issuing materially misleading press releases or SEC filings),
consumer fraud (such as false advertising, defective products, or
other deceptive business practices), or anti-trust violations,
please email us at info@weisslurie.com or fill out the form on our
website, http://www.weisslurie.com/contact/report_fraud/.
Attorney Advertising. Past results do not guarantee a similar
outcome.
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