SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Elizabeth Arden, Inc. Buyout
21 Junio 2016 - 3:01PM
Business Wire
Rigrodsky & Long, P.A.:
- Do you own shares of Elizabeth
Arden, Inc. (NASDAQ GS: RDEN)?
- Did you purchase any of your shares
prior to June 17, 2016?
- Do you think the proposed buyout
price is too low?
- Do you want to discuss your
rights?
Rigrodsky & Long, P.A. announces that it is investigating
potential legal claims against the board of directors of Elizabeth
Arden, Inc. (“Elizabeth Arden” or the “Company”) (NASDAQ GS: RDEN)
regarding possible breaches of fiduciary duties and other
violations of law related to the Company’s entry into an agreement
to be acquired by Revlon, Inc. (“Revlon”) (NYSE: REV), in a
transaction valued at approximately $870 million.
Click here to learn more:
http://rigrodskylong.com/investigations/elizabeth-arden-inc-rden.
Under the terms of the agreement, shareholders of Elizabeth
Arden will receive $14.00 in cash for each share of Elizabeth Arden
common stock.
The investigation concerns whether Elizabeth Arden’s board of
directors failed to adequately shop the Company and obtain the best
possible value for Elizabeth Arden shareholders before entering
into an agreement with Revlon.
If you own the common stock of Elizabeth Arden and purchased
your shares before June 17, 2016, if you have information or would
like to learn more about these claims, or if you wish to discuss
these matters or have any questions concerning this announcement or
your rights or interests with respect to these matters, please
contact Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long,
P.A., 2 Righter Parkway, Suite 120, Wilmington, DE 19803, by
telephone at (888) 969-4242; by e-mail to info@rl-legal.com, or at:
http://rigrodskylong.com/investigations/elizabeth-arden-inc-rden.
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware
and Garden City, New York, regularly prosecutes securities class,
derivative and direct actions, shareholder rights litigation and
corporate governance litigation, on behalf of shareholders in
states and federal courts throughout the United States.
Attorney advertising. Prior results do not guarantee a similar
outcome.
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version on businesswire.com: http://www.businesswire.com/news/home/20160621006519/en/
Rigrodsky & Long, P.A.Seth D. RigrodskyGina M.
Serra888-969-4242302-295-5310Fax:
302-654-7530info@rl-legal.comhttp://www.rigrodskylong.com
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