INVESTOR ALERT: The Law Office of Jack Stuart Beige & Associates, P.C. Announces Investigation of TUFCO TECHNOLOGIES, INC. Bu...
January 16 2014 - 11:22AM
Business Wire
The Law Office of Jack Stuart Beige & Associates, P.C.
announces that it is investigating the Board of Directors of Tufco
Technologies, Inc. (“Tufco”) (NASDAQ CM: TFCO) for possible
breaches of fiduciary duties and other violations of law in
connection with Tufco’s agreement to be acquired by Griffin
Holdings, LLC (“Griffin”).
Under the terms of the proposal, public stockholders of Tufco
would receive $6.07 per share in cash for each share of Tufco they
own in a transaction valued at approximately $26 million.
The investigation concerns whether Tufco’s Board of Directors
breached its fiduciary duties to stockholders, whether the proposed
consideration to be paid to Tufco’s stockholders would be fair and
adequate, and whether Tufco is acting in its stockholders’ best
interests.
If you own Tufco common stock, purchased your shares prior to
December 20, 2013, and wish to obtain additional information,
please contact Joseph R. Beige, Esquire either via email at
joe@beigelaw.com or by telephone at (631) 231-7725.
Joseph R. Beige, Esquire is an experienced attorney who
prosecutes securities class actions, derivative actions,
shareholder rights actions, and corporate governance actions on
behalf of stockholders.
Attorney advertising. Prior results do not guarantee a similar
outcome.
Law Office of Jack Stuart Beige & Associates, P.C.Joseph R.
Beige, 631-231-7725Fax: 631-231-7726joe@beigelaw.com
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