Health & Fitness
Fri, March 8, 2013Thu, March 7, 2013Wed, March 6, 2013Tue, March 5, 2013Mon, March 4, 2013Sun, March 3, 2013Sat, March 2, 2013Fri, March 1, 2013Thu, February 28, 2013Wed, February 27, 2013Tue, February 26, 2013Mon, February 25, 2013Sun, February 24, 2013Sat, February 23, 2013Fri, February 22, 2013Thu, February 21, 2013Wed, February 20, 2013Tue, February 19, 2013Mon, February 18, 2013Sun, February 17, 2013Fri, February 15, 2013Thu, February 14, 2013Wed, February 13, 2013Harwood Feffer LLP Announces Investigation of Assisted Living Concepts, Inc.
Published in Health and Fitness on Tuesday, February 26th 2013 at 11:45 GMT by Market Wire
Harwood Feffer LLP Announces Investigation of Assisted Living Concepts, Inc. -- NEW YORK, Feb. 26, 2013 /PRNewswire/ --
NEW YORK, Feb. 26, 2013 /PRNewswire/ -- Harwood Feffer LLP ([ www.hfesq.com ]) is investigating potential claims against the board of directors of Assisted Living Concepts, Inc. ("Assisted Living" or the "Company") (NYSE: [ ALC ]) concerning the proposed acquisition of the Company by TPG, a privately held investment firm in a transaction valued at approximately $278 million.
(Logo: [ http://photos.prnewswire.com/prnh/20120215/MM54604LOGO ] )
On February 26, 2013, Assisted Living announced that it had entered into a definitive agreement pursuant to which the Company will be acquired by TPG. Under the terms of the agreement, TPG will pay $12.00 per share for all Class A stock and $12.90 per share for all Class B stock. The Special Committee formed to consider this proposal was chaired by the Vice Chairman of the Assisted Living Board, who was also the former President and Chief Executive Officer of the predecessor company to Assisted Living.
Our investigation concerns whether the board of directors is fulfilling its fiduciary duties, maximizing the value of Assisted Living Stock, disclosing all material benefits and costs and obtaining full and fair consideration for Assisted Living public shareholders.
If you own Assisted Living shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:
Robert I. Harwood, Esq.
Matthew M. Houston ., Esq.
Benjamin Sachs-Michaels
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
(212) 935-7400
Email: [ mhouston@,hfesq.com ]
Website: [ http://www.hfesq.com ]
Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website ([ http://www.hfesq.com ]) for more information about the firm.
Attorney Advertising. © 2013 Harwood Feffer LLP. The law firm responsible for this advertisement is Harwood Feffer LLP ([ www.hfesq.com ]). Prior results do not guarantee or predict a similar outcome with respect to any future matter.
SOURCE Harwood Feffer LLP
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