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PMIC Penn Millers Holding Corp. (MM)

20.51
0.00 (0.00%)
17 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Penn Millers Holding Corp. (MM) NASDAQ:PMIC 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% 20.51 0 01:00:00

The Law Offices of Vincent Wong Announce an Investigation of Penn Millers Holding Corporation

12/09/2011 11:44pm

Business Wire


Penn Millers Holding Corp. (MM) (NASDAQ:PMIC)
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The Law Offices of Vincent Wong are investigating the Board of Directors of Penn Millers Holding Corporation (NASDAQ: PMIC) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to a subsidiary of ACE Limited (NYSE: ACE). Under the terms of the deal, Penn Millers shareholders will receive $20.50 in cash per share. The transaction has a total value of approximately $107 million.

To get more information and join the action, click here: http://www.wongesq.com/penn-millers.html.

The investigation concerns whether the Penn Millers Board of Directors breached their fiduciary duties to Penn Millers stockholders by failing to adequately shop the Company before entering into this transaction and whether ACE Limited is underpaying for Penn Millers shares.

If you own common stock in Penn Millers and wish to obtain additional information, please contact Vincent Wong, Esq. either via email vw@wongesq.com, by telephone at 212.584.2740, or visit http://www.wongesq.com/penn-millers.html.

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.

1 Year Penn Millers Holding Corp. (MM) Chart

1 Year Penn Millers Holding Corp. (MM) Chart

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1 Month Penn Millers Holding Corp. (MM) Chart

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