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Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Crown Media Holdings Inc (NASDAQ: CRWN) acted responsibly on behalf of investors’ profitability in the planned sale to Hallmark Cards Inc.
On March 9, 2016, Crown Media Holdings Inc (NASDAQ: CRWN) and Hallmark Cards Inc announced that they had entered into a merger agreement. Under the terms of the merger agreement, Hallmark Cards will offer Crown Media Holdings shareholders $5.05 per share in cash for all outstanding shares.
Based in Studio City, CA, and founded in 1999 Crown Media Holdings Inc operates and distributes pay television networks for adults and families.
The investigation focuses on whether NASDAQ: CRWN investors received the highest price and whether the directors of Crown Media Holdings Inc acted in the best interest of Crown Media Holdings Inc company and its shareholders.
If you purchased Crown Media Holdings Inc (NASDAQ: CRWN) prior to March 9, 2016, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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