Bull & Lifshitz, LLP Announces Investigation of McCormick & Schmick's Seafood Restaurants, Inc.
16 November 2011 - 2:23AM
Business Wire
Bull & Lifshitz, LLP announces an investigation into
possible breaches of fiduciary duty in connection with the proposed
sale of McCormick & Schmick's Seafood Restaurants, Inc.
(NASDAQ: MSSR) (referred to as "McCormick & Schmick's" or the
“Company”) to Landry’s, Inc. (“Landry’s”) in a cash transaction
valued at approximately $ 131.6 million.
Under the terms of the agreement, Landry’s will commence a
tender offer no later than 10 business days from November 8, 2011
for all outstanding common stock of McCormick & Schmick’s for
$8.75 in cash per share.
Bull & Lifshitz, LLP's investigation is focused on whether
the proposed deal provides adequate value to the Company’s
shareholders.
If you are a holder of McCormick & Schmick's common stock
and want to discuss your legal rights, you may e-mail or call Bull
& Lifshitz, LLP who will, without obligation or cost to you,
attempt to answer your questions.
If you are a shareholder of McCormick & Schmick's and would
like more information about our investigation, please contact
Joshua M. Lifshitz, Esq. by telephone at (866) 313-6222 or by
sending an e-mail including your contact information to:
counsel@nyclasslaw.com. All e-mail correspondence should make
reference to McCormick & Schmick's.
Bull & Lifshitz, LLP is a New York City-based law firm with
significant experience representing investors in merger-related
shareholder class actions, shareholder derivative actions, and
securities fraud class actions. For more information about the
firm, please visit our website at www.nyclasslaw.com.
ATTORNEY ADVERTISING. © 2011 Bull & Lifshitz, LLP.
The law firm responsible for this advertisement is Bull &
Lifshitz, LLP, 18 East 41st Street, New York, New York 10017, (212)
213-6222. Prior results do not guarantee or predict a similar
outcome with respect to any future matter.
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