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Share Name | Share Symbol | Market | Type |
---|---|---|---|
M&F Worldwide Corp. Common Stock | NYSE:MFW | NYSE | Ordinary Share |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 25.02 | 0.00 | 01:00:00 |
Finkelstein Thompson LLP is investigating potential claims on behalf of shareholders of M&F Worldwide Corp. (“MFW” or the “Company”) (NYSE: MFW) concerning the proposed acquisition of the Company by MacAndrews & Forbes Holdings, Inc. (“MacAndrews”). Under the terms of the offer, MacAndrews, which already holds 43% of the Company’s outstanding shares, is offering the MFW common shareholders $24.00 in cash for each share they own in a transaction valued at approximately $500 million.
The investigation is focused on the potential unfairness of the consideration to MFW shareholders, the process by which the Board of Directors considered the transaction, and potential conflicts of interests among MFW Board members. MFW’s stock closed at $26.38 as recently as April 7, 2011, and since the announcement the Company’s stock has traded above the $24.00 offer price.
If you are interested in discussing your rights as an MFW shareholder, or have information relating to this investigation, please contact Finkelstein Thompson's Washington, DC offices at (877) 337-1050 or by email at contact@finkelsteinthompson.com.
Finkelstein Thompson LLP has spent over three decades delivering outstanding representation to institutional and individual clients in financial litigation, and has been appointed as lead or co-lead counsel in dozens of shareholder class actions. Indeed, the firm has served in leadership roles in cases that have recovered over $1 billion for investors and consumers.
To learn more about Finkelstein Thompson LLP, please visit our web site at www.finkelsteinthompson.com. Attorney advertising. Prior results do not guarantee similar outcomes.
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