Wolf Popper LLP Investigates Claims That the Proposed Acquisition of Apollo Education Group, Inc. May Not Be In the Best Interests of Its Investors

Feb 08, 2016, 10:52 ET from Wolf Popper LLP

NEW YORK, Feb. 8, 2016 /PRNewswire/ -- Wolf Popper LLP is investigating claims on behalf of investors in Apollo Education Group, Inc. (NASDAQ: APOL), concerning the proposed acquisition of Apollo Education by a consortium of investors including The Vistria Group, LLC, Apollo Global Management, LLC (NYSE: APO), and Najafi Companies.  Apollo Education shareholders seeking more information about this acquisition can contact Carl L. Stine at (212) 759-4600 or cstine@wolfpopper.com.

The investigation concerns whether Apollo Education's directors are breaching their fiduciary duties by failing to adequately maximize shareholder value.  Under the terms of the proposed transaction, Apollo Education's shareholders will receive $9.50 per share in cash for each Apollo Education share they own.  However, the offer price is below Apollo Education's 52-week high of $28.51 per share and the 52-week average of $13.89 per share.    

Wolf Popper LLP 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