Law Office of Brodsky & Smith, LLC Announces Investigation of Bway Holding Company
29 Marzo 2010 - 3:37PM
Business Wire
Law office of Brodsky & Smith, LLC announces that it is
investigating potential claims against the Board of Directors of
Bway Holding Company. (“Bway” or the “Company”) (NYSE: BWY)
relating to the proposed acquisition by Madison Dearborn Partners,
LLC. (“Madison”) Under the terms of the transaction, Bway
shareholders will receive cash of $20.00 for each share of Bway
stock they own.
The investigation concerns possible breaches of fiduciary duty
and other violations of state law related to the Bway board’s
approval of the proposed acquisition. The transaction appears to be
unfair, in part, given that Bway stock was trading at $19.60 a
share as recently as January 4, 2010 and was trading at $20.13 a
share on October 4, 2009.
If you own shares of Bway and wish to discuss the legal
ramifications of the proposed transaction, or have any questions,
you may e-mail or call the law office of Brodsky & Smith, LLC
who will, without obligation or cost to you, attempt to answer your
questions. You may contact Jason L. Brodsky, Esquire or Evan J.
Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite
602, Bala Cynwyd, PA 19004, by e-mail at
investorrelations@brodsky-smith.com, or by calling toll free
877-LEGAL-90.
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