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MFW M&F Worldwide Corp. Common Stock

25.02
0.00 (0.00%)
Pre Market
Last Updated: 01:00:00
Delayed by 15 minutes
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

The Law Office of Abe Shainberg Announces Investigation of M&F Worldwide Corporation -- MFW

14/06/2011 9:03pm

Business Wire


M & F (NYSE:MFW)
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The Law Office of Abe Shainberg is investigating the Board of Directors of M&F Worldwide Corporation (NYSE: MFW) for possible breaches of fiduciary duty and other violations of state law in connection with the receipt of a merger proposal from MacAndrew & Forbes Holdings, Inc. Under the terms of the proposed transaction, MacAndrew & Forbes would acquire the remainder of the Company for $24.00 per share in cash. MacAndrew & Forbes currently owns 43% of M&F Worldwide.

The investigation concerns whether the M&F Worldwide Board of Directors is adequately shopping the Company and working to obtain the best price possible for M&F Worldwide shareholders. In particular, M&F Worldwide stock has traded as high as $25.90 per share as recently as April 5, 2011 and the company reported a book value of $34.03 per share for the most recent quarter.

If you own common stock in M&F Worldwide and wish to obtain additional information, please contact Abe Shainberg, Esq. either via email at as@ashainberglaw.com or by telephone at (212) 425-7286, or visit http://www.ashainberglaw.com/mf-worldwide.html.

Mr. Shainberg has expertise in prosecuting investor securities litigation, is a certified and registered arbitrator and mediator involving financial matters, and represents investors in various matters nationwide. Attorney advertising. Prior results do not guarantee similar outcomes.

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