Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Blount International Inc (NYSE: BLT) acted responsibly on behalf of investors’ profitability in the planned $855 million sale to American Securities and P2 Capital Partners.
On December 10, 2015, Blount International Inc (NYSE: BLT) and American Securities and P2 Capital Partners announced that they had entered into a merger agreement. Under the terms of the merger agreement, American Securities and P2 Capital Partners will offer Blount International Inc shareholders $10.00 per share in cash for all outstanding shares.
Based in Portland, Oregon, and founded in 1946 Blount International Inc is a manufacturer and marketer of replacement parts, equipment, and accessories for forestry, lawn and garden, farm, ranch, agriculture, and construction sectors.
The investigation focuses on whether NYSE: BLT investors received the highest price and whether the directors of Blount International acted in the best interest of Blount International company and its shareholders.
If you purchased Blount International Inc (NYSE: BLT) prior to December 10, 2015, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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