BLYTH ALERT: Shareholder Rights Law Firm Johnson & Weaver, LLP Launches an Investigation into the Proposed Sale of Blyth, Inc...
31 Agosto 2015 - 7:28AM
Business Wire
Shareholder rights law firm Johnson & Weaver, LLP has
launched an investigation into whether the board members of Blyth,
Inc. (NYSE: BTH) breached their fiduciary duties in connection with
the proposed sale of the Company to The Carlyle Group LP.
Additional Information:Blyth operates as a direct to consumer
marketing company in the United States, Canada, Mexico, Europe, and
Australia.
On August 31, 2015, Blyth announced it had signed a definitive
merger agreement with The Carlyle Group. Under the terms of the
agreement, an affiliate of The Carlyle Group will commence a tender
offer for all of Blyth's outstanding shares of common stock at
$6.00 per share in cash.
The investigation concerns whether Blyth’s board failed to
satisfy its duties to the Company shareholders, including whether
the board adequately pursued alternatives to the acquisition and
whether the board obtained the best price possible for Blyth’s
shares of common stock. Nationally recognized Johnson &
Weaver is investigating whether the proposed deal price represents
adequate consideration, especially given that the stock traded well
above $6.00 for the greater part of the last several years.
If you are a shareholder of Blyth and believe the proposed
buyout price is too low or you’re interested in learning more about
the investigation or your legal rights and remedies, please contact
lead analyst Jim Baker (jimb@johnsonandweaver.com) at
619-814-4471. If emailing, please include a phone number where you
can be reached.
About Johnson & Weaver, LLP:
Johnson & Weaver, LLP is a nationally recognized shareholder
rights law firm with offices in California, New York and Georgia.
The firm represents individual and institutional investors in
shareholder derivative and securities class action lawsuits. For
more information about the firm and its attorneys, please visit
http://www.johnsonandweaver.com. Attorney advertising. Past results
do not guarantee future outcomes.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20150831005629/en/
Johnson & Weaver, LLPJim Baker,
619-814-4471jimb@johnsonandweaver.com
Blyth S2 (NYSE:BTH)
Gráfica de Acción Histórica
De May 2024 a Jun 2024
Blyth S2 (NYSE:BTH)
Gráfica de Acción Histórica
De Jun 2023 a Jun 2024
Real-Time news about (New York Stock Exchange): 0 recent articles
Más de Blyth, Inc. Artículos de Noticias