The Law Offices of Vincent Wong Investigates the Acquisition of M&F Worldwide Corporation
June 16 2011 - 5:55PM
Business Wire
The Law Offices of Vincent Wong are investigating the Board of
Directors of M&F Worldwide Corporation (NYSE: MFW) for possible
breaches of fiduciary duty and other violations of state law in
connection with the receipt of a merger proposal from MacAndrew
& Forbes Holdings, Inc. Under the terms of the proposed
transaction, MacAndrew & Forbes would acquire the remainder of
the shares of the Company for $24.00 in cash.
The investigation concerns whether the M&F Worldwide Board
of Directors is adequately shopping the Company and working to
obtain the best price possible for M&F Worldwide shareholders.
In particular, MFW stock has recently traded as high as $25.90 per
share and M&F Worldwide reported a book value of $34.03 per
share for the most recent quarter.
If you own common stock in MFW and wish to obtain additional
information, please contact Vincent Wong, Esq. either via email
vw@wongesq.com, by telephone at 212.584.2740, or visit
http://www.wongesq.com/mf-worldwide-mfw.html.
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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