Law Offices of Todd M. Garber Announces Investigation of Interline Brands, Inc.
31 Mayo 2012 - 10:24AM
Business Wire
The Law Offices of Todd M. Garber announces that it is
investigating potential claims against the Board of Directors of
Interline Brands, Inc. (“IBI” or the “Company”) (NYSE:IBI) related
to the proposed acquisition of the Company by affiliates of GS
Capital Partners. The transaction is valued at approximately $1.1
billion or $25.50 per share.
The investigation concerns whether the Board of Directors of IBI
breached their fiduciary duties to stockholders by failing to
adequately shop the Company before agreeing to enter into the
proposed transaction, and whether the Company has disclosed all
material information to shareholders about the transaction. The
Company has seen substantial recent growth. Additionally, at least
one analyst has set a price target for the Company’s shares at
$28.00.
If you are a shareholder of IBI, 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 Todd M. Garber, Esquire, of the Law Offices
of Todd M. Garber, by telephone at 213-700-7262 or by email to
info@toddgarberlaw.com.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and ethical rules.
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