NEW YORK, May 2, 2014 /PRNewswire/ -- Tripp Levy PLLC,
a leading national securities and shareholder rights law firm,
announces that it is investigating the acquisition of R.G. Barry
Corporation (NASDAQ: DFZ). The private equity firm Mill Road
Capital, which owns 9.8% of R.G.
Barry, will acquire the remaining shares of R.G. Barry that it does not already own for only
$19 per share.
The investigation concerns whether the board of directors of
R.G. Barry engaged in a full and
fair auction and process to insure that shareholders received the
maximum value for their shares. Indeed, analysts have
projected that the true going forward inherent value of the company
is worth at least $21 per
share. Further, Mill Road has agreed to vote its 9.8% stake
in favor of the merger.
If you are a shareholder of R.G
Barry and would like additional information as to how the
acquisition may affect your rights as a shareholder, please call us
at no cost at:
Tripp Levy PLLC
New York, New York
Toll free: 800-511-7037
Email: contact@tripplevy.com
www.tripplevy.com
Tripp Levy PLLC represents individual and institutional
shareholders and, along with its affiliates, has recovered billions
of dollars for shareholders in similar actions around the globe.
Tripp Levy PLLC is affiliated with the law firm Milberg LLP.
Attorney advertising. Prior results do not indicate a similar
outcome.
SOURCE Tripp Levy PLLC