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EDGR Edgar Online, Inc. (MM)

1.08
0.00 (0.00%)
22 Nov 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Edgar Online, Inc. (MM) NASDAQ:EDGR 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% 1.08 0 00:00:00

INVESTOR ALERT: The Law Offices of Vincent Wong Investigates the Sale of Edgen Group Inc. to Sumitomo Corporation -- EDG

04/10/2013 12:19am

Business Wire


Edgar Online (NASDAQ:EDGR)
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The Law Offices of Vincent Wong are investigating potential claims against the Board of Directors of Edgen Group Inc. (Nasdaq:EDG) (“Edgen”) regarding possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Sumitomo Corporation.

Under the terms of the transaction, Edgen shareholders will receive $12.00 for each share of Edgen stock they own. The transaction has a total approximate value of $520 million. The investigation concerns whether the Edgen Board of Directors breached their fiduciary duties to stockholders by failing to adequately shop the Company to obtain the best possible value for Edgen shareholders. In particular, at least one analyst set a price target of $15.00 per share of Edgen stock.

If you own common stock in Edgen and wish to obtain additional information, please contact Vincent Wong, Esq. either via email vw@wongesq.com, by telephone at 212.425.1140, or visit http://wongesq.9nl.me/edgen-edg/.

Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.

The Law Offices of Vincent WongVincent Wong, Esq., 212-425-1140Fax. 866-699-3880vw@wongesq.com

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