Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Belk Inc (OTC: BLKIA) acted responsibly on behalf of investors’ profitability in the planned $3 billion sale to Sycamore Partners. 

On August 24, 2015, Belk Inc (OTC: BLKIA) and Sycamore Partners announced that they had entered into a merger agreement. Under the terms of the merger agreement, Sycamore Partners will offer Belk shareholders $68.00 per share in cash for all outstanding shares. 

Based in Charlotte, NC, and founded in 1888 Belk Inc is an operator of department stores in the United States. The stores offer apparel to men, women, children as well as jewelry, home furnishings, gifts and other items.  Additionally they market products under private label brands. 

The investigation focuses on whether OTC: BLKIA investors received the highest price and whether the directors of Belk Inc acted in the best interest of Belk Inc company and its shareholders. 

If you purchased Belk Inc (OTC: BLKIA) prior to August 24, 2015, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324. 

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