Robbins Umeda LLP Announces an Investigation of the Acquisition of Sport Supply Group, Inc. by an affiliate of ONCAP Manageme...

Robbins Umeda LLP has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by members of the Board of Directors of Sport Supply Group, Inc. ("Sport Supply Group") (NASDAQ:RBI) in connection with their actions in causing Sport Supply Group to enter into a definitive merger agreement with ONCAP Management Partners, L.P., the mid-market private equity business of Onex Corporation. If the transaction is approved, Sport Supply Group shareholders will receive $13.55 in cash per share of Sport Supply Group common stock they hold. The transaction is expected to close in the second or third quarter of this year.

Robbins Umeda LLP's investigation concerns whether the acceptance and recommendation of the offer by Sport Supply Group's Board of Directors was the result of a fair process designed to secure the best possible price for all shareholders of Sport Supply Group.

If you are a shareholder of Sport Supply Group, and would like more information about your rights as a shareholder, please contact attorney Lauren Levi at 800-350-6003 or by e-mail at [e-mail].

Robbins Umeda LLP is a California-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 go to http://www.robbinsumeda.com.

Advertisement