WAYNE, Pa., July 28, 2016 /PRNewswire/ -- Ryan &
Maniskas, LLP is investigating potential claims against the board
of directors of Outerwall Inc. ("Outerwall" or the "Company")
(NASDAQ: OUTR) concerning possible breaches of fiduciary duty and
other violations of law related to the Company's efforts to sell
the Company to affiliates of certain funds (the "Apollo Funds")
managed by affiliates of Apollo Global Management, LLC in a
transaction valued at approximately $1.6
billion.
If you own shares of Outerwall and would like to learn more
about this class action or if you wish to discuss these matters and
have any questions concerning this announcement or your rights,
contact Richard A. Maniskas, Esquire
toll-free at (877) 316-3218 or to sign up online, visit:
www.rmclasslaw.com/cases/outr. You may also email Mr. Maniskas at
rmaniskas@rmclasslaw.com.
Under the terms of the agreement, shareholders of Outerwall will
receive $52.00 in cash for each share
of Outerwall common stock.
Our investigation concerns possible breaches of fiduciary duty
and other violations of state law by the Board of Directors of
Outerwall or not acting in the Company's shareholders' best
interests in connection with the sale process.
Ryan & Maniskas, LLP is a national shareholder litigation
firm. Ryan & Maniskas, LLP is devoted to protecting the
interests of individual and institutional investors in shareholder
actions in state and federal courts nationwide. To learn more
about the class action process, please visit:
www.rmclasslaw.com.
CONTACT: Ryan & Maniskas,
LLP
Richard A. Maniskas,
Esquire
995 Old Eagle School Rd., Suite
311
Wayne, PA
19087
877-316-3218
www.rmclasslaw.com/cases/outr
rmaniskas@rmclasslaw.com
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SOURCE Ryan & Maniskas, LLP