Law Office of Brodsky & Smith, LLC Announces Investigation of Midas, Inc.
15 March 2012 - 2:59PM
Business Wire
Law office of Brodsky & Smith, LLC announces that it is
investigating potential claims against the Board of Directors of
Midas, Inc. (“Midas” or the “Company”) (NYSE: MDS) relating to the
proposed acquisition by TBC Corporation. (“TBC”).
Under the terms of the transaction, Midas shareholders would
receive $11.50 in cash for each share of Midas stock they own. The
investigation concerns possible breaches of fiduciary duty and
other violations of state law by the Board of Directors of Midas
for not acting in the Company’s shareholders' best interests in
connection with the sale process to TBC.
If you own shares of Midas stock and wish to discuss the legal
ramifications of the proposed transaction, or have any questions,
you may e-mail or call the law office of Brodsky & Smith, LLC
who will, without obligation or cost to you, attempt to answer your
questions. You may contact Jason L. Brodsky, Esquire or Evan J.
Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite
602, Bala Cynwyd, PA 19004, by e-mail at
investorrelations@brodsky-smith.com, visiting
http://brodsky-smith.com/397-mds-midas-inc.html, or by calling toll
free 877-LEGAL-90.
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