NEW YORK, March 13, 2012 /PRNewswire/ -- Tripp Levy
PLLC, a leading national securities law firm, notifies investors of
Midas, Inc. (NYSE: MDS) of potential claims of breaches of
fiduciary duty and other violations of state law against the board
of directors of Midas in connection with the potential sale of the
company to TBC Corporation. It was announced that TBC will
acquire all of the outstanding common stock of Midas for
$11.50 per share through a cash
tender offer.
The investigation concerns whether the Midas Board of Directors
breached their fiduciary duties to stockholders by failing to
adequately shop the company and whether TBC is underpaying for
Midas' shares, thus unlawfully harming stockholders.
If you own Midas common stock and you wish to discuss this
matter with us, or have any questions concerning your rights and
interests with regard to this matter, please contact
Tripp Levy
Tripp Levy PLLC
125 East 82nd Street
9th Floor
New York, New York
Toll Free: 877-772-3975
Email: contact@tripplevy.com
Tripp Levy PLLC is a national law firm that specializes in
mergers & acquisitions, takeover litigation, shareholder
rights, and corporate governance matters in state and federal
courts throughout the United
States. Attorney advertising. Prior results do not
guarantee a similar outcome.
SOURCE Tripp Levy PLLC