Rigrodsky & Long, P.A. Announces Investigation of Baldwin Technology Company, Inc.’s Agreement to be Taken Private by Forsy...
2011年12月24日 - 1:00AM
ビジネスワイヤ(英語)
Rigrodsky & Long, P.A. announces that it is investigating
potential claims against the board of directors of Baldwin
Technology Company, Inc. (“Baldwin” or the “Company”) (NYSE Amex:
BLD) concerning possible breaches of fiduciary duty and other
violations of law related to the Company’s entry into an agreement
to be acquired and taken private by Forsyth Baldwin, LLC
(“Forsyth”) in a transaction with an approximate value of $27.3
million.
Click here to learn more and to discuss your shareholder rights:
http://investigations.rigrodskylong.com/baldwin-technology-company-inc-bld/.
Under the proposed agreement, Baldwin’s stockholders will
receive $0.96 in cash for each share of Baldwin Class A or Class B
common stock they own, subject to adjustment at closing based on
certain criteria, including the extent that the difference between
Baldwin’s aggregate cash balances and the balance of aged accounts
payable is less than $1,800,000, provided that such adjustments
cannot reduce the per share consideration below $0.90.
The investigation concerns whether Baldwin’s board of directors
adequately shopped the Company to obtain the best price possible
for Baldwin shareholders before entering into the agreement with
Forsyth. Indeed, according to Yahoo! Finance, at least one analyst
has a $1.80 per share price target for Baldwin stock.
If you own the common stock of Baldwin and purchased your shares
before December 23, 2011, 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
Seth D. Rigrodsky, Esquire or Noah R. Wortman, Case Development
Director, of Rigrodsky & Long, P.A., 919 N. Market Street,
Suite 980, Wilmington, Delaware 19801, 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.
Attorney advertising. Prior results do not guarantee a similar
outcome.
Baldwin (AMEX:BLD)
過去 株価チャート
から 8 2024 まで 9 2024
Baldwin (AMEX:BLD)
過去 株価チャート
から 9 2023 まで 9 2024