Harwood Feffer LLP Announces Investigation of Schawk, Inc.
NEW YORK, March 17, 2014 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Schawk, Inc. ("Schawk" or the "Company") (SGK) concerning the proposed acquisition of the Company by Matthews International Corporation ("Matthews") (MATW) in a transaction valued at approximately $577 million.
On March 17, 2014, it was announced that Schawk and Matthews have entered into a definitive agreement pursuant to which Matthews will acquire Schawk. Under the agreement, Schawk shareholders will receive $11.80 in cash and 0.20582 shares of Matthews for each share held.
Our investigation concerns whether the Schawk 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 shareholders.
If you own Schawk 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:
Daniella Quitt, Esq.
Peter W. Overs, Jr., Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.
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SOURCE Harwood Feffer LLP