The Law Firm of Wohl & Fruchter Commences Investigation into the Acquisition of Duff & Phelps Corp. by a Group of Private Equ...
December 31 2012 - 12:35PM
Business Wire
The law firm of Wohl & Fruchter LLP has commenced an
investigation into the proposed acquisition of Duff & Phelps
(D&P) (NYSE: DUF) by a group of private equity firms consisting
of The Carlyle Group, Stone Point Capital LLC, Pictet & Cie and
Edmond de Rothschild Group (the Private Equity Firms).
On December 31, 2012, D&P announced that it had entered into
an agreement for the Private Equity Firms to acquire the company
for $15.55/share in cash upon the recommendation of a special
committee consisting of independent directors. All members of
D&P’s senior management team will remain employed by, and
invest in the equity of the company following the closing of the
transaction.
Wohl & Fruchter’s investigation concerns the fairness of the
process used to approve the acquisition and whether approval of the
acquisition was improperly motivated by any conflicts of
interest.
Additional information is available
at http://www.wohlfruchter.com/cases/duf.
Persons with relevant information, and DUF shareholders with
questions about this investigation, are invited to contact our Firm
by calling 866.582.8140, or contacting the attorney below.
About Wohl & Fruchter
Wohl & Fruchter LLP represents plaintiffs in litigation
arising from fraud and other fiduciary breaches by corporate
managers, as well as other complex litigation matters. Please visit
our website, www.wohlfruchter.com, to learn more about our Firm, or
contact one of our partners.
This release may be deemed to constitute attorney
advertising.
Duff & Phelps Corp. Class A (NYSE:DUF)
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