Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of G&K Services Inc (NASDAQ: GK) acted responsibly on behalf of investors’ profitability in the planned $2.2 billion sale to Cintas Corporation (NASDAQ: CTAS).
On August 16, 2016, G&K Services Inc (NASDAQ: GK) and Cintas Corporation (NASDAQ: CTAS) announced that they had entered into a merger agreement. Under the terms of the merger agreement, Cintas will offer G&K shareholders $97.50 per share in cash for all outstanding shares.
Based in Minnetonka, Minnesota, and founded in 1902 G&K Services Inc provides branded uniform and facility services programs.
The investigation focuses on whether NASDAQ: GK investors received the highest price and whether the directors of G&K Services Inc acted in the best interest of G&K Services Inc company and its shareholders.
If you purchased G&K Services Inc (NASDAQ: GK) prior to August 16, 2016, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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