Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Quality Distribution Inc (NASDAQ: QLTY) acted responsibly on behalf of investors’ profitability in the planned $800 million sale to Apax Partners.

On May 6, 2015, Quality Distribution Inc (NASDAQ: QLTY) and Apax Partners announced that they had entered into a merger agreement. Under the terms of the merger agreement, Apax will offer Quality Distribution shareholders $16.00 per share in cash for all outstanding shares.    

Based in Tampa, FL, and founded in 1984 Quality Distribution Inc is an operator of a dedicated bulk tank truck network. The bulk tank truck market in North America includes all items shipped by bulk tank truck carriers and is made up mainly of the shipping of chemicals, gasoline, and food-grade products

The investigation is looking to uncover whether Quality Distribution Inc was undervalued at the cost of the shareholders considering one analyst’s opinion of their stock is valued at $18.00 per share.

If you purchased Quality Distribution Inc (NASDAQ: QLTY) prior to May 6, 2015, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.

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