SHAREHOLDER ALERT: Lundy Law Commences an Investigation into the Proposed Sale of Norcraft Companies, Inc.
07 Abril 2015 - 4:00AM
Business Wire
Lundy Law is investigating potential claims against the Board of
Directors of Norcraft Companies, Inc. (“Norcraft” or the “Company”)
(NYSE:NCFT) for possible breaches of fiduciary duty and other
violations of law in connection with the proposed sale of the
Company to Fortune Brands Home & Security, Inc. (“Fortune
Brands”), in a transaction valued at approximately $600 million.
Under the terms of the transaction, Fortune Brands will launch a
tender offer for all outstanding Norcraft shares at a price of
$25.50 per common share. Among other things, the investigation
concerns whether the proposed transaction undervalues the Company
and whether the Board of Directors of Norcraft is achieving the
best possible value for Norcraft’s shareholders.
If you own shares of Norcraft common stock and wish to discuss
the legal ramifications of the investigation, or have any
questions, contact Lundy Law who will, without obligation or cost
to you, answer your questions. For more information you may contact
David Promisloff, co-counsel to Lundy Law directly at
1-800-LundyLaw, or visit
http://www.lundylaw.com/press-releases/NCFT.
Attorney Advertising. Prior results do not guarantee a similar
outcome.
LUNDY LAW, LLPDavid M. Promisloff, Esq., Co-Counsel to Lundy
Law1-800-LundyLawInquiries@Lundylaw.com
NORCRAFT COMPANIES, INC. (NYSE:NCFT)
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