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ZEP

20.04
0.00 (0.00%)
29 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
NYSE:ZEP NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 20.04 0 01:00:00

ZEP INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout

08/05/2015 4:10pm

Business Wire


(NYSE:ZEP)
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Rigrodsky & Long, P.A.:

  • Do you own shares of Zep Inc. (NYSE: ZEP)?
  • Did you purchase any of your shares prior to April 8, 2015?
  • Do you think the proposed buyout price is too low?
  • Do you want to discuss your rights?

Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Zep Inc. (“Zep” or the “Company”) (NYSE: ZEP) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by New Mountain Capital, L.L.C. (“New Mountain”), in a transaction valued at approximately $692 million.

Click here to learn more: http://www.rigrodskylong.com/investigations/zep-inc-zep.

Under the terms of the agreement, public shareholders of Zep would receive $20.05 in cash for each share of Zep they own.

The investigation concerns whether Zep’s board of directors failed to adequately shop the Company and obtain the best possible value for Zep’s shareholders before entering into an agreement with New Mountain. According to Yahoo! Finance, at least one analyst has issued a price target for Zep stock at $21.00 per share.

If you own the common stock of Zep and purchased your shares before April 8, 2015, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 2 Righter Parkway, Suite 120, Wilmington, DE 19803, by telephone at (888) 969-4242; by e-mail to info@rl-legal.com, or at: http://www.rigrodskylong.com/investigations/zep-inc-zep.

Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, on behalf of shareholders in states and federal courts throughout the United States.

Attorney advertising. Prior results do not guarantee a similar outcome.

Rigrodsky & Long, P.A.Seth D. RigrodskyGina M. Serra888-969-4242302-295-5310Fax: 302-654-7530info@rl-legal.comhttp://www.rigrodskylong.com

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