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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 |
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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