NEW YORK, Dec. 2, 2016 /PRNewswire/ -- Juan Monteverde,
founder and managing partner at Monteverde & Associates PC, a
boutique securities firm headquartered at the Empire State Building
in New York City, is investigating
the Board of Directors of BLUE NILE, INC. ("Blue Nile" or the
"Company")(NASDQ: NILE) regarding its sale to BC CYAN PARENT INC.
created by a group of investors, including BAIN CAPITAL PRIVATE
EQYIT and BOW STREET LLC. Under the terms of the transaction, Blue
Nile shareholders will receive $40.75
in cash for each share of Blue Nile stock they own.
Click here for more information:
www.monteverdelaw.com/investigations. It is free and there
is no cost or obligation to you.
The investigation focuses on whether Blue Nile's Board of
Directors breached their fiduciary duties to the Company's
stockholders by 1) failing to conduct a fair sales process 2)
whether and by how much this proposed transaction undervalues the
Company and 3) failing to disclose all material information
regarding the sale of the Company.
Monteverde & Associates PC is a boutique class action
securities and consumer litigation law firm committed to protecting
shareholders and consumers from corporate wrongdoing.
Monteverde & Associates PC lawyers have significant experience
litigating Mergers & Acquisitions and Securities Class Actions,
whereby they protect investors by recovering money and remedying
corporate misconduct.
If you own common stock in Blue Nile and wish to obtain
additional information and protect your investments free of charge,
please visit us at www.monteverdelaw.com/investigations or
Juan E. Monteverde, Esq. either via
e-mail at jmonteverde@monteverdelaw.com or by telephone at (212)
971-1341.
Contact:
Juan E. Monteverde, Esq.
MONTEVERDE & ASSOCIATES PC
The Empire State Building
350 Fifth Ave. 59th Floor
New York, NY 10118
United States of America
jmonteverde@monteverdelaw.com
Tel: (212) 971-1341
Attorney Advertising. (C) 2016 Monteverde & Associates
PC. The law firm responsible for this advertisement is
Monteverde & Associates PC (www.monteverdelaw.com). Prior
results do not guarantee a similar outcome with respect to any
future matter.
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SOURCE Monteverde & Associates PC