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BARE Bare Escentuals (MM)

18.19
0.00 (0.00%)
11 Oct 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Bare Escentuals (MM) NASDAQ:BARE 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% 18.19 0 01:00:00

Kendall Law Group Investigates Bare Escentuals, Inc. on Behalf of Shareholders

19/01/2010 5:11pm

Business Wire


Bare Escentuals (MM) (NASDAQ:BARE)
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Kendall Law Group, founded by a former federal judge, is investigating the proposed tender offer of Bare Escentuals, Inc. (NASDAQ: BARE) by Japan-based Shiseido Co., Ltd. and Blush Acquisition Corporation.

The investigation focuses on the process employed by the Board of Directors in selling the company and whether they may be unlawfully benefiting from the transaction because key management will remain at the company following the buyout.

On January 14, 2010, Bare Escentuals announced that it has entered into a merger agreement with Shiseido. The $1.7 billion transaction is expected to commence within ten business days and close during the first quarter of 2010. According to the agreement, shareholders will receive $18.20 per share of BARE common stock owned. BARE closed as high as $14.78 in November, 2009.

If you are a current holder of BARE and have additional information regarding the proposed transaction, or would like to discuss your rights as a shareholder, contact Hamilton Lindley at 877-744-3728 or by email at hlindley@kendalllawgroup.com. Kendall Law Group has substantial experience representing investors in mergers and acquisitions nationwide. Lawyers at the firm include a former United States Attorney, federal judicial law clerk, a former state and federal judge, in addition to experienced securities lawyers.

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