NEW YORK, Dec. 12, 2018 /PRNewswire/ -- Rowley Law
PLLC is investigating potential claims against Sparton Corporation
(NYSE: SPA) and its board of directors for breach of fiduciary duty
concerning the proposed acquisition of the company by Cerberus
Capital Management, L.P. Stockholders will receive $18.50 for each share of Sparton Corporation
stock that they hold. The transaction is valued at approximately
$181.9 million and is expected to
close in the first quarter of 2019.
If you are a stockholder of Sparton Corporation and are
interested in obtaining additional information regarding this
investigation, please visit us
at: http://www.rowleylawpllc.com/investigation/spa. You may
also contact Shane Rowley, Esq. at
Rowley Law PLLC, 50 Main Street Suite 1000, White Plains, NY 10606, by email at
info@rowleylawpllc.com, or by telephone at 914-400-1920 or
844-400-4643 (toll-free).
Rowley Law PLLC represents shareholders nationwide in class
actions and derivative lawsuits in complex corporate litigation.
For more information about the firm and its attorneys, please visit
http://www.rowleylawpllc.com.
Attorney Advertising. Prior results do not guarantee a similar
outcome.
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SOURCE Rowley Law PLLC