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Press release from PR Newswire

Shareholder Alert: Deans & Lyons Announces Investigation of Saks Incorporated (SKS)

Thursday, August 01, 2013

Shareholder Alert: Deans & Lyons Announces Investigation of Saks Incorporated (SKS)

09:25 EDT Thursday, August 01, 2013

DALLAS, Aug. 1, 2013 /PRNewswire/ -- Securities lawyers at Deans & Lyons announce a class action against the board of Saks Incorporated (NYSE: SKS) in connection with a buyout for $16 per share in cash. Concerned SKS investors are encouraged to contact attorney Hamilton Lindley at 877-819-8033 or hlindley@deanslyons.com about their rights and remedies.

"Our investigation will consider whether the company was properly shopped by SKS board members and if shareholders are getting the best price possible," said securities lawyer Hamilton Lindley. "The board members of Saks approved the sale of SKS to Hudson's Bay Co. and the proposed deal is currently valued at approximately 30% premium to the closing price on May 20, 2013." 

Deans & Lyons has significant experience representing shareholders in securities lawsuits nationwide. SKS stockholders ? or anyone with knowledge about this situation ? should contact lawyer Hamilton Lindley at hlindley@deanslyons.com or 877-819-8033 with questions or concerns.

Hamilton Lindley DEANS & LYONS LLP 325 North Saint Paul Street, Suite 1500 Dallas, TX 75201 Phone: 214-736-7861 Fax: 214-965-8505 Toll-free: 877-819-8033hlindley@deanslyons.comwww.deanslyons.com

SOURCE Deans & Lyons, LLP

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