BWY Bway Holding Company

Rigrodsky & Long, P.A. announces that it is investigating potential claims against the board of directors of BWAY Holding Company ("BWAY" or the "Company") (NYSE: BWY) concerning possible breaches of fiduciary duty and other violations of law related to the Company's entry into an agreement to be acquired by Madison Dearborn Partners, LLC ("MDP") in a transaction valued at approximately $915 million.

Under the proposed agreement, BWAY shareholders will receive $20.00 per share for each share of BWAY common stock they own. The investigation concerns whether BWAY's board of directors failed to adequately shop the Company and obtain the best price possible for its shareholders. Additionally, affiliates of Kelso & Company, BWAY's largest shareholder, have executed a voting agreement to vote all their shares in favor of the transaction. Moreover, at least one analyst has set a price target of $27.00 per share for the Company.

If you own the common stock of BWAY and purchased your shares before March 28, 2010, 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 Brian D. Long, Esquire or Noah R. Wortman, Case Development Director, of Rigrodsky & Long, P.A., 919 N. Market Street, Suite 980, Wilmington, Delaware, by telephone at (888) 969-4242, or by e-mail to info@rigrodskylong.com.

Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly litigates securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, including claims for breach of fiduciary duty and proxy violations in the Delaware Court of Chancery and in state and federal courts throughout the United States.

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