RBI Sport Supply Grp. Del (MM)

Levi & Korsinsky is investigating the Board of Directors of Sport Supply Group, Inc. (“Sport Supply” or the “Company”) (NasdaqGM: RBI) for possible breaches of fiduciary duty and other violations of state law in connection with their attempt to sell the Company to an affiliate of ONCAP Management Partners, L.P. (“ONCAP"). Under the terms of the proposed transaction, Sport Supply shareholders will receive $13.55 in cash for each share of Sport Supply they own.

The investigation concerns whether the Sport Supply Board of Directors breached their fiduciary duties to Sport Supply stockholders by failing to adequately shop the Company before entering into this transaction and whether ONCAP is underpaying for Sport Supply shares, thus unlawfully harming Sport Supply stockholders. In particular, Sport Supply shares traded as high as $13.99 per share as recently as March 12, 2010 and at least one analyst has set a price target for Sport Supply stock at $16.00 per share.

If you own common stock in Sport Supply and wish to obtain additional information, please contact us at the number listed below or visit http://www.zlk.com/rbi1.html.

Levi & Korsinsky has expertise in prosecuting investor securities litigation and extensive experience in actions involving financial fraud and represents investors throughout the nation, concentrating its practice in securities and shareholder litigation.

Sport Supply Grp. Del (MM) (NASDAQ:RBI)
Historical Stock Chart
From Jun 2024 to Jul 2024

Sport Supply Grp. Del (MM) (NASDAQ:RBI)
Historical Stock Chart
From Jul 2023 to Jul 2024