NEW YORK, April 15, 2019 (GLOBE NEWSWIRE) -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating whether the sale of Multi-Color Corporation (“Multi-Color” or the “Company”) ( LABL) to an affiliate of Platinum Equity LLC (“Platinum Equity”) is fair to Multi-Color shareholders.
If you are a Multi-Color shareholder and would like to discuss your legal rights and options, please visit Multi-Color (LABL, Financial) Merger Investigation or contact Daniel Sadeh or Zachary Halper at (212) 763-0600 or [email protected] or [email protected].
On February 27, 2019, Robert W. Baird set a target price for Multi-Color at $55.00 per share, or 10% higher than Platinum Equity’s offer of $50.00 per share. The investigation concerns whether Multi-Color and its Board of Directors violated the federal securities laws and/or their fiduciary duties to shareholders by failing to: (1) obtain the best possible price for Multi-Color shareholders; (2) determine whether Platinum Equity is underpaying for Multi-Color; and (3) disclose all material information necessary for Multi-Color shareholders to adequately assess and value the merger consideration.
On behalf of Multi-Color shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
If you are a Multi-Color shareholder and would like to discuss your legal rights and options, please visit https://halpersadeh.com/actions/multi-color-corporation-labl-merger-platinum-equity-stock/ or contact Daniel Sadeh or Zachary Halper at (212) 763-0600 or [email protected] or [email protected].
Our attorneys represent investors all over the world who have fallen victim to securities fraud and corporate misconduct. They have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.
Attorney Advertising. Prior results do not guarantee or predict a similar outcome with respect to any future matter.
Contact Information:
Halper Sadeh LLP
Daniel Sadeh, Esq.
Zachary Halper, Esq.
(212) 763-0600
[email protected]
[email protected]
https://www.halpersadeh.com
