NEW YORK, Feb. 8, 2016 /PRNewswire/ -- Wolf Popper LLP is
investigating claims on behalf of investors in Apollo Education
Group, Inc. (NASDAQ: APOL), concerning the proposed acquisition of
Apollo Education by a consortium of investors including The Vistria
Group, LLC, Apollo Global Management, LLC (NYSE: APO), and Najafi
Companies. Apollo Education shareholders seeking more
information about this acquisition can contact Carl L. Stine at (212) 759-4600 or
cstine@wolfpopper.com.
The investigation concerns whether Apollo Education's directors
are breaching their fiduciary duties by failing to adequately
maximize shareholder value. Under the terms of the proposed
transaction, Apollo Education's shareholders will receive
$9.50 per share in cash for each
Apollo Education share they own. However, the offer price is
below Apollo Education's 52-week high of $28.51 per share and the 52-week average of
$13.89 per
share.
Wolf Popper LLP has extensive experience representing investors
in mergers and acquisition lawsuits and has successfully ensured
that investors receive the maximum compensation. Twelve Wolf
Popper attorneys were named Rising Stars or Super Lawyers in the
2015 Super Lawyers New York City Metro Edition, including
Wolf Popper partner Carl Stine, who was included in the Super
Lawyers Top 100 List for the New York
City Metro area. View Wolf Popper attorney biographies
at www.wolfpopper.com.
Attorney Advertising: Prior Results Do Not Guarantee A Similar
Outcome.
Wolf Popper LLP
845 Third Avenue
New York, New York 10022
Telephone: 212-759-4600
Toll Free Tel: 877-370-7703
Toll Free Fax: 877-370-7704
Email: cstine@wolfpopper.com
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/wolf-popper-llp-investigates-claims-that-the-proposed-acquisition-of-apollo-education-group-inc-may-not-be-in-the-best-interests-of-its-investors-300216560.html
SOURCE Wolf Popper LLP