Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of Coleman Cable, Inc. Stockholders
December 20 2013 - 6:19PM
Business Wire
Kirby McInerney LLP is investigating potential claims against
the Board of Directors of Coleman Cable, Inc. (“Coleman” or the
“Company”) (NASDAQ:CCIX) concerning the proposed acquisition of the
Company by Southwire Company (“Southwire”). Under the terms of the
definitive merger agreement, Coleman stockholders will receive
$26.25 in cash for each share of Coleman owned, valuing the
transaction at approximately $492 million.
The investigation concerns whether the Coleman Board of
Directors violated its fiduciary duties by agreeing to the proposed
transaction and whether the $26.25 per share proposed consideration
adequately values Coleman’s common stock.
If you are a Coleman stockholder and wish to obtain additional
information, please contact J. Brandon Walker, Esq. by email
at bwalker@kmllp.com, by telephone at (212) 699-1145 or (888)
529-4787, or by filling out this contact form. There is no cost or
obligation to you.
Kirby McInerney LLP is a New York-based law firm concentrating
in securities, shareholder, whistleblower, antitrust and consumer
litigation. For additional information, please go to
www.kmllp.com.
Kirby McInerney LLPJ. Brandon Walker, Esq.212-699-1145 or
888-529-4787bwalker@kmllp.com
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