Press release from Business Wire
Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of Maidenform Brands, Inc. Shareholders
Wednesday, July 24, 2013
Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of Maidenform Brands, Inc. Shareholders15:28 EDT Wednesday, July 24, 2013
NEW YORK (Business Wire) -- Kirby McInerney LLP is investigating potential claims against the Board of Directors of Maidenform Brands, Inc. (“Maidenform” or the “Company”) (NYSE: MFB) related to the proposed acquisition of the Company by Hanesbrands Inc. (“Hanesbrands”) (NYSE: HBI). Under the terms of the all-cash transaction, Maidenform shareholders will receive $23.50 per share of Maidenform stock, valuing the transaction at approximately $575 million.
The investigation concerns whether the Maidenform Board of Directors violated its fiduciary duties by agreeing to this transaction and whether the proposed consideration adequately values Maidenform common shares.
If you are a Maidenform shareholder and wish to obtain additional information, please contact J. Brandon Walker, Esq. by email at firstname.lastname@example.org, by telephone at (212) 699-1145 or (888) 529-4787, or by filling out this contact form.
Kirby McInerney LLP is a New York-based law firm concentrating in securities, shareholder, whistleblower, antitrust and consumer litigation. For additional information, please go to www.kmllp.com.
Kirby McInerney LLP
J. Brandon Walker, Esq.