An investigation for investors in NASDAQ:DWA shares was announced concerning the buyouy of Dreamworks Animation Skg Inc. by NBCUniversal, a division of Comcast Corporation.
Investors who purchased shares of Dreamworks Animation Skg Inc (NASDAQ:DWA) and currently hold any of those NASDAQ:DWA shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 – 1554.
The investigation by a law firm concerns whether certain officers and directors of Dreamworks Animation Skg Incbreached their fiduciary duties owed to NASDAQ:DWA investors in connection with the proposed acquisition.
On April 28, 2016, NBCUniversal, a division of Comcast Corporation (NASDAQ: CMCSA), announced the acquisition Dreamworks Animation Skg Inc (NASDAQ:DWA). Under the terms of the agreement, Dreamworks Animation Skg Inc stockholders will receive $41 in cash for each share of DreamWorks Animation common stock.
However, the investigation concerns whether the offer is unfair to NASDAQ:DWA stockholders. More specifically, the investigation concerns whether the Dreamworks Animation Board of Directors undertook an adequate sales process, adequately shopped the company before entering into the transaction, maximized shareholder value by negotiating the best price, and acted in the shareholders’ best interests in connection with the proposed sale.
Shares of Dreamworks Animation Skg Inc (NASDAQ:DWA) closed on May 9, 2016 at $39.89 per share.
Those who are current investors in NASDAQ:DWA shares have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North – Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com