Pomerantz Law Firm Investigates Claims on Behalf of Investors of Young Innovations, Inc.
Pomerantz Law Firm Investigates Claims on Behalf of Investors of Young Innovations, Inc.
NEW YORK--(BUSINESS WIRE)-- Pomerantz Grossman Hufford Dahlstrom & Gross LLP is investigating claims on behalf of investors of Young Innovations, Inc. ("Young Innovations" or the "Company") (NAS: YDNT) (ISIN: US9875201033) concerning the proposed acquisition of Young Innovations by Linden Capital Partners in a transaction valued at approximately $314 million.
The investigation concerns whether the Young Innovations directors are breaching their fiduciary duties by failing to adequately shop the Company and maximize shareholder value. Under the terms of the agreement, Young Innovations shareholders will be entitled to receive $39.50 per share, representing a 12.5% premium to the 30 day average closing stock price. However, the price is below recent high in the stock price.
Young Innovations shareholders seeking more information about this acquisition are advised to contact Robert Willoughby at rswilloughby@pomlaw.com or 212-661-1100 or 888-476-6529, ext. 237.
The Pomerantz Firm, with offices in New York, Chicago and San Diego, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 75 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of defrauded investors. See www.pomerantzlaw.com.
Pomerantz Grossman Hufford Dahlstrom & Gross LLP
Robert Willoughby, 212-661-1100 ext. 237
rswilloughby@pomlaw.com
KEYWORDS: United States North America New York
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The article Pomerantz Law Firm Investigates Claims on Behalf of Investors of Young Innovations, Inc. originally appeared on Fool.com.
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