Holzer Holzer & Fistel, LLC Announces Investigation into the Proposed Buyout of Pep Boys
January 30 2012 - 12:55PM
Business Wire
Holzer Holzer & Fistel, LLC is investigating whether the
directors of The Pep Boys- Manny, Moe & Jack (“Pep Boys” or the
“Company”) (NYSE: PBY) complied with their fiduciary duties in
approving the proposed acquisition of the Company by The Gores
Group. According to the Company’s announcement, if the deal closes
Pep Boys shareholders will receive $15 for each share of PBY owned.
The investigation seeks to determine, among other things, whether
the consideration to be paid to Pep Boys shareholders is fair and
adequate.
Current holders of PBY common stock with questions concerning
their legal rights are encouraged to contact Holzer Holzer &
Fistel, LLC and its attorneys Michael I. Fistel, Jr., Esq., or
Marshall P. Dees, Esq. via email at mfistel@holzerlaw.com,
or mdees@holzerlaw.com, or via toll-free telephone at (888)
508-6832.
Holzer Holzer & Fistel, LLC dedicates its practice to
vigorous representation of shareholders and investors in litigation
nationwide, including shareholder class action and derivative
litigation. More information about the firm is available through
its website, www.holzerlaw.com, and upon request from
the firm. Holzer Holzer & Fistel, LLC has paid for the
dissemination of this promotional communication, and Michael I.
Fistel, Jr. is the attorney responsible for its content.
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