NEW YORK, Nov. 8, 2016 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Blue Nile, Inc. ("Blue Nile" or the "Company") (NASDAQ: NILE) concerning the proposed sale of the Company to investor group comprised of funds managed by Bain Capital Private Equity and Bow Street LLC in a transaction valued at $500 million.
Under the terms of the agreement, Blue Nile stockholders will receive $40.75 per share in cash per share. Our investigation concerns whether the Blue Nile board of directors is fulfilling its fiduciary duties, maximizing the value of the Company, disclosing all material benefits and costs, and obtaining full and fair consideration for Company stockholders.
If you own Blue Nile shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:
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