Law Offices of Howard G. Smith Announces Investigation on Behalf of Shareholders of BWAY Holding Company
March 30 2010 - 2:37PM
Business Wire
Law Offices of Howard G. Smith announces that it is
investigating potential claims against the board of directors of
BWAY Holding Company (“BWAY” or the “Company”) (NYSE:BWY) related
to the Company’s agreement to be acquired by Madison Dearborn
Partners, LLC (“MDP”). The proposed transaction is valued at
approximately $915 million, including assumed debt.
Under the terms of the agreement entered into by the parties,
BWAY shareholders will receive $20.00 cash for each share of BWAY
common stock they own. Upon completion of the merger, BWAY will
become a private company, wholly owned by affiliates of MDP. The
transaction is expected to close in the second or third quarter of
2010. The investigation concerns possible breaches of fiduciary
duty and other violations of law related to approval of the
transaction by BWAY’s board of directors.
If you own shares of BWAY Holding Company, if you have
information or would like to learn more about these claims, or if
you wish to discuss these matters or have any questions concerning
this announcement or your rights or interests with respect to these
matters, please contact Howard G. Smith, Esquire, of Law Offices of
Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem,
Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at
(888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or
visit our website at http://www.howardsmithlaw.com.
Bway Holding Company (NYSE:BWY)
Historical Stock Chart
From Dec 2024 to Jan 2025
Bway Holding Company (NYSE:BWY)
Historical Stock Chart
From Jan 2024 to Jan 2025
Real-Time news about Bway Holding Company (New York Stock Exchange): 0 recent articles
More Law Offices of Howard G. Smith News Articles