ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

ACLI American Commercial Lines (MM)

32.99
0.00 (0.00%)
07 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
American Commercial Lines (MM) NASDAQ:ACLI NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 32.99 0 01:00:00

The Law Office of Joseph Klein is Investigating into the Possible Breaches of Fiduciary Duty by the Board of American Commerc...

26/10/2010 4:28pm

Business Wire


American Commercial Lines (MM) (NASDAQ:ACLI)
Historical Stock Chart


From Jun 2019 to Jun 2024

Click Here for more American Commercial Lines (MM) Charts.

The Law Office of Joseph Klein is investigating the Board of Directors of American Commercial Lines Inc. (NasdaqGS: ACLI) for possible breaches of fiduciary duty and other violations of state law in connection with their attempt to sell the Company to an affiliate of Platinum Equity for approximately $777 million. Under the terms of the transaction, ACLI stockholders, other than GVI Holdings, Inc. and certain of its affiliates, will receive $33.00 in cash for each share of ACLI common stock they hold. GVI will receive $31.25 in cash for each share of ACLI common stock it holds if the transaction closes before December 31, 2010 and $33.00 per share thereafter.

The investigation concerns whether the ACLI Board of Directors breached their fiduciary duties to ACLI stockholders by failing to adequately shop the Company before entering into this transaction and whether Platinum Equity is underpaying for ACLI shares. ACLI stock has traded as high as $33.40 per share as recently as October 13, 2010.

If you own common stock in ACLI and wish to obtain additional information, please contact Joseph Klein, Esq. directly, via email at jk@jkleinlawfirm.com, by telephone at 718-947-0005, Toll Free: 877-STOK-180, or visit http://www.jkleinlawfirm.com/acl-acli.html.

Joseph Klein, Esq. is an experienced attorney and has also practiced as a Certified Public Accountant. Mr. Klein represents investors and participates in securities litigations involving financial fraud throughout the nation.

1 Year American Commercial Lines (MM) Chart

1 Year American Commercial Lines (MM) Chart

1 Month American Commercial Lines (MM) Chart

1 Month American Commercial Lines (MM) Chart

Your Recent History

Delayed Upgrade Clock