NEW YORK, April 11, 2016 /PRNewswire/ -- On April 7, 2016, significant shareholder Handy & Harman Ltd. (HNH) announced that it is acquiring SL Industries, Inc. (NYSE: SLI), through a tender offer for $40.00 per share. According to Carl Stine, who is a partner at Wolf Popper LLP, "Clearly, Handy & Harman is using its significant holdings and influence on the board to try to take advantage of the public shareholders and get the company for a less than fair price." The offer price is below SLI's 52-week high of $42.77 per share.
Wolf Popper is investigating claims on behalf of investors in SLI concerning the transaction. SLI shareholders seeking more information about the transaction or Wolf Popper's investigation can contact Mr. Stine at (212) 759-4600 or firstname.lastname@example.org.
Wolf Popper has extensive experience representing investors in mergers and acquisition lawsuits and has successfully ensured that investors receive the maximum compensation. Twelve Wolf Popper attorneys were named Rising Stars or Super Lawyers in the 2015 Super Lawyers New York City Metro Edition, including Wolf Popper partner Carl Stine, who was included in the Super Lawyers Top 100 List for the New York City Metro area. View Wolf Popper attorney biographies at www.wolfpopper.com.
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SOURCE Wolf Popper LLP