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VCI Valassis Communications, Inc.

34.02
0.00 (0.00%)
27 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Valassis Communications, Inc. NYSE:VCI NYSE Ordinary Share
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 34.02 0.00 00:00:00

Acquisition of Valassis Communications, Inc. by Harland Clarke Holdings Corp. May Not Be in Shareholders' Best Interests

21/12/2013 12:19am

PR Newswire (US)


Valassis (NYSE:VCI)
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From Dec 2019 to Dec 2024

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SAN DIEGO and LIVONIA, Mich., Dec. 20, 2013 /PRNewswire/ -- Shareholder rights attorneys at Robbins Arroyo LLP are investigating the acquisition of Valassis Communications, Inc. (NYSE: VCI) by Harland Clarke Holdings Corp., a wholly owned subsidiary of MacAndrew & Forbes Holdings Inc.  On December 18, 2013, Harland Clarke announced the signing of a definitive merger agreement pursuant to which the company will acquire all outstanding shares of Valassis for $34.04 per share in cash. 

(Logo: http://photos.prnewswire.com/prnh/20130103/MM36754LOGO)

Is the Proposed Merger Best for Valassis and Its Shareholders?

Robbins Arroyo LLP's investigation focuses on whether the board of directors at Valassis is undertaking a fair process to obtain maximum value and adequately compensate Valassis shareholders in the merger. Specifically, the investigation concerns whether the Valassis board conducted an adequate auction process in order to maximize shareholder value.

Valassis shareholders have the option to file a class action lawsuit to ensure the board of directors properly evaluates the proposal to obtain the best possible price for shareholders and the disclosure of material information.  Valassis shareholders interested in information about their rights and potential remedies can contact attorney Darnell R. Donahue at (800) 350-6003, ddonahue@robbinsarroyo.com, or via the shareholder information form on the firm's website.

Robbins Arroyo LLP is a nationally recognized leader in securities litigation and shareholder rights law.  The law firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits, and has helped its clients realize more than $1 billion of value for themselves and the companies in which they have invested.   

Attorney Advertising. Past results do not guarantee a similar outcome.  

Contact:
Darnell R. Donahue
Robbins Arroyo LLP
ddonahue@robbinsarroyo.com
(619) 525-3990 or Toll Free (800) 350-6003
www.robbinsarroyo.com

SOURCE Robbins Arroyo LLP

Copyright 2013 PR Newswire

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