ANN SHAREHOLDER ALERT: The Law Offices of Vincent Wong Launches an Investigation of the Board of Directors of Ann Inc. Concer...
May 27 2015 - 11:01AM
Business Wire
The Law Offices of Vincent Wong are investigating potential
claims against the Board of Directors of Ann Inc. (NYSE: ANN)
(“Ann” or “the Company”) in connection with the sale of the Company
to ascena retail group inc. (NASDAQ: ASNA).
Click here to learn about the case:
http://docs.wongesq.com/ANN-Info-Request-Form-724. There is
no cost or obligation to you.
Under the terms of the transaction, Ann shareholders will
receive $37.34 in cash and 0.68 of a share of ascena common stock
for each share of Ann stock they own, representing a value of
approximately $47 per share. The investigation concerns whether the
Board of Ann breached their fiduciary duties to stockholders by
failing to adequately shop the Company before agreeing to enter
into this transaction, and whether ascena retail group inc. is
underpaying for Ann shares.
If you own common stock in Ann and wish to obtain additional
information, please contact Vincent Wong, Esq. either via email
vw@wongesq.com, by telephone at 212.425.1140, or visit
http://docs.wongesq.com/ANN-Info-Request-Form-724.
Vincent Wong, Esq. is an experienced attorney that has
represented investors in securities litigations involving financial
fraud and violations of shareholder rights. Attorney advertising.
Prior results do not guarantee similar outcomes.
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The Law Offices of Vincent WongVincent Wong, Esq.Tel.
212-425-1140Fax. 866-699-3880vw@wongesq.com