NEW YORK, Dec. 18, 2015 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Blount International Inc. ("Blount" or the "Company") (NYSE: BLT) for potential breaches of fiduciary duties in connection with the sale of the Company to American Securities LLC and P2 Capital Partners, LLC for approximately $855 million.
The Company's stockholders will only receive $10.00 in cash for each share of Blount common stock they own.
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The investigation focuses on whether Blount's Board of Directors breached their fiduciary duties to the Company's stockholders by failing to conduct a fair sales process and whether and by how much this proposed transaction undervalues the Company to the detriment of Blount's shareholders.
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If you own common stock in Blount and wish to obtain additional information and protect your investments free of charge, please visit us at www.faruqilaw.com/BLT or contact Juan Monteverde, Esq. either via e-mail at firstname.lastname@example.org or by telephone at (877) 247-4292 or (212) 983-9330.
Contact: Faruqi & Faruqi, LLP 685 3rd Avenue, 26th Floor New York, NY 10017 Attn: Juan Monteverde, Esq. email@example.com Toll Free: (877) 247-4292 Phone: (212) 983-9330
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