NEW ORLEANS, Nov. 9, 2016 /PRNewswire/ -- Former Attorney
General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of
Kahn Swick & Foti, LLC ("KSF") are investigating the proposed
sale of Blue Nile, Inc. ("Blue Nile" or the "Company") (NASDAQ:
NILE) to funds managed by Bain Capital Private Equity and Bow
Street LLC. Under the terms of the proposed transaction,
shareholders of Blue Nile will receive only $40.75 in cash for each share of Blue Nile that
they own. KSF is seeking to determine whether this consideration
and the process that led to it are adequate, or whether the
consideration undervalues the Company.
If you believe that this transaction undervalues the Company
and/or if you would like to discuss your legal rights regarding the
proposed sale, you may, without obligation or cost to you, e-mail
or call KSF Managing Partner Lewis S. Kahn
(lewis.kahn@ksfcounsel.com) toll free at any time at
855-768-1857.
To learn more about KSF, whose partners include the Former
Louisiana Attorney General, visit www.ksfcounsel.com.
Kahn Swick & Foti, LLC
206 Covington St.
Madisonville, LA 70447
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SOURCE Kahn Swick & Foti, LLC