Law Office of Brodsky & Smith, LLC Announces Investigation of FGX International Holdings Ltd.
17 Dezember 2009 - 12:19AM
Business Wire
Law office of Brodsky & Smith, LLC announces that it is
investigating potential claims against the Board of Directors of
FGX International Holding Ltd (“FGX” or the “Company”)
(Nasdaq:FGXI) related to the proposed acquisition by Essilor
International.
Under the terms of the transaction, FGX stockholders will
receive $19.75 in cash for each share of FGX common stock they own.
The transaction is valued at approximately $465 million. The
investigation concerns whether the board breached their fiduciary
duties by agreeing to an unfair or inadequate share price and
various deal protections that may prevent other superior offers.
These protections include a termination fee of $18.3 million.
If you are a FGX shareholder and wish to discuss the legal
ramifications of the Board’s actions, 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, 9595 2 Bala Cynwyd, Suite 602, Bala Cynwyd, PA
19004, by e-mail at clients@brodsky-smith.com, or by calling toll
free 877-LEGAL-90.
Fgx International Holdings Lim (MM) (NASDAQ:FGXI)
Historical Stock Chart
Von Apr 2024 bis Mai 2024
Fgx International Holdings Lim (MM) (NASDAQ:FGXI)
Historical Stock Chart
Von Mai 2023 bis Mai 2024
Echtzeit-Nachrichten über Fgx International Holdings Lim (MM) (NASDAQ): 0 Nachrichtenartikel
Weitere Brodsky & Smith, LLC News-Artikel