(IBwire.com – May 2, 2012) - The Law
Offices of Marc S. Henzel (www.henzellaw.com)
a firm focusing on shareholder litigation, and is investigating claims on
behalf of investors of Collective
Brands, Inc (Nasdaq: PSS) concerning the proposed acquisition by consortium
comprised of Wolverine Worldwide (NYSE: WWW), Blum Capital Partners and Golden
Gate Capital.
According to reports, the
parties have entered into a definitive agreement under which Collective Brands
will be acquired for $21.75 per share in cash, or a total of approximately $2.0
billion, including the assumption of debt. The purchase price represents a 104%
premium to the 30-day volume weighted average trading price prior to the August 24, 2011
announcement that Collective Brands’ Board of Directors, together with
management, would conduct a review of strategic and financial alternatives.
If you own shares of Collective Brands, Inc (Nasdaq: PSS)
and would like to learn more about any potential claims or you wish to discuss
these matters and have any questions concerning this announcement or your
rights, please contact Marc S. Henzel (610) 660-8000, email at Mhenzel@Henzellaw.com, or to sign up
online, visit the firms website at www.henzellaw.com.
The Law Offices
of Marc S. Henzel is a national shareholder litigation firm representing
shareholders & investors in various areas of securities laws including but
not limited to; class actions, derivatives, transactional (buyouts/mergers/acquisitions)
and FINRA & NYSE Arbitrations.
Attorney
advertising. © 2012 Law Offices of Marc S. Henzel. The law firm responsible for this
advertisement is Marc S. Henzel. Prior
results do not guarantee or predict a similar outcome with respect to any future
matter.
Contact:
Law
Offices of Marc S. Henzel
Marc
S. Henzel
Email:
Mhenzel@Henzellaw.com
Phone
610-660-8000
Website: www.henzellaw.com.
Like or Follow us for updates on the biggest stories!