SHAREHOLDER ALERT: Brower Piven Commences an Investigation into the Proposed Sale of Tumi Holdings, Inc. & Encourages Investo...
08 Marzo 2016 - 3:07PM
Business Wire
The securities litigation law firm of Brower Piven, A
Professional Corporation, announces that it is investigating
potential legal claims against the board of directors of Tumi
Holdings, Inc. (“Tumi” or the “Company”) (NYSE: TUMI)
regarding possible breaches of fiduciary duties and other
violations of law related to the Company’s entry into an agreement
to be acquired by Samsonite International S.A., in a transaction
valued at approximately $1.8 billion.
Under the terms of the agreement, shareholders of Tumi will
receive $26.75 in cash for each share of Tumi common stock held.
The firm’s investigation seeks to determine, among other things,
whether the Company’s Board of Directors failed to satisfy their
duties to shareholders, including whether the Board adequately
pursued alternatives to the acquisition and whether the Board
obtained the best price possible for the Company’s shares of common
stock.
If you currently own the Company’s common stock and believe that
the proposed buyout price is too low, or you would like to learn
more about the investigation being conducted by Brower Piven,
please visit our website at
http://www.browerpiven.com/currentinvestigations.html. You may also
request more information by contacting Brower Piven either by email
at hoffman@browerpiven.com or by telephone at (410) 415-6616.
Attorneys at Brower Piven have extensive experience in
litigating securities and other class action cases and have been
advocating for the rights of shareholders since the 1980s.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20160308006722/en/
Brower Piven, A Professional CorporationCharles J. Piven,
410-415-66161925 Old Valley RoadStevenson, Maryland
21153hoffman@browerpiven.com
Tumi Holdings, Inc. (delisted) (NYSE:TUMI)
Gráfica de Acción Histórica
De Dic 2024 a Ene 2025
Tumi Holdings, Inc. (delisted) (NYSE:TUMI)
Gráfica de Acción Histórica
De Ene 2024 a Ene 2025
Real-Time news about Tumi Holdings, Inc. (delisted) (New York Stock Exchange): 0 recent articles
Más de Tumi Holdings, Inc. Artículos de Noticias