Finkelstein Thompson LLP Announces Investigation of Gymboree Corp.
October 12 2010 - 9:24PM
Business Wire
Finkelstein Thompson LLP is investigating potential claims on
behalf of shareholders of Gymboree Corp. (“Gymboree” or the
“Company”) (Nasdaq: GYMB) concerning the proposed tender offer by
Bain Capital Partners to purchase each outstanding share of
Gymboree stock for $65.40 in cash in a transaction valued at
approximately $1.8 billion.
The investigation is focused on the potential unfairness of the
price to Gymboree shareholders, the process by which the Board of
Directors considered the transaction, and potential conflicts of
interests among Gymboree Board members. According to Yahoo!
Finance, at least one analyst has set a target price of $68.00 for
Gymboree stock.
If you are interested in discussing your rights as a Gymboree
shareholder, or have information relating to this investigation,
please contact Finkelstein Thompson's Washington, DC offices at
(877) 337-1050 or by email at contact@finkelsteinthompson.com.
Finkelstein Thompson LLP has spent over three decades delivering
outstanding representation to institutional and individual clients
in financial litigation, and has been appointed as lead or co-lead
counsel in dozens of shareholder class actions. Indeed, the firm
has served in leadership roles in cases that have recovered over $1
billion for investors and consumers.
To learn more about Finkelstein Thompson LLP, please visit our
web site at www.finkelsteinthompson.com. Attorney advertising.
Prior results do not guarantee similar outcomes.
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