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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Comforce Corp | AMEX:CFS | AMEX | Ordinary Share |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.00 | - |
Bull & Lifshitz, LLP announces an investigation into possible breaches of fiduciary duty in connection with the proposed acquisition of COMFORCE Corp. (AMEX: CFS - News) (referred to as "COMFORCE" or the “Company”) by an affiliate of the private equity firm ABRY Partners, LLC in a cash transaction valued at approximately $84.8 million.
Under the terms of the definitive agreement, common shareholders of COMFORCE will receive $2.50 per share in cash. Certain directors, executive officers and stockholders of COMFORCE beneficially owning approximately 31.0% of COMFORCE's common shares outstanding have entered into agreements to vote in favor of the merger agreement and otherwise to support the transaction.
Bull & Lifshitz, LLP's investigation is focused on whether the proposed deal provides adequate value to the Company’s shareholders.
If you are a holder of COMFORCE stock and want to discuss your legal rights, you may e-mail or call Bull & Lifshitz, LLP who will, without obligation or cost to you, attempt to answer your questions.
If you are a shareholder of COMFORCE and would like more information about our investigation, please contact Joshua M. Lifshitz, Esq. by telephone at (866) 313-6222 or by sending an e-mail including your contact information to: counsel@nyclasslaw.com. All e-mail correspondence should make reference to Comforce.
Bull & Lifshitz, LLP is a New York City-based law firm with significant experience representing investors in merger-related shareholder class actions, shareholder derivative actions, and securities fraud class actions. For more information about the firm, please visit our website at www.nyclasslaw.com.
ATTORNEY ADVERTISING. © 2010 Bull & Lifshitz, LLP. The law firm responsible for this advertisement is Bull & Lifshitz, LLP, 18 East 41st Street, New York, New York 10017, (212) 213-6222. Prior results do not guarantee or predict a similar outcome with respect to any future matter.
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