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Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Tumi Holdings Inc (NYSE: TUMI) acted responsibly on behalf of investors’ profitability in the planned $1.8 billion sale to Samsonite International S.A.
On March 4, 2016, Tumi Holdings Inc (NYSE: TUMI) and Samsonite International S.A. announced that they had entered into a merger agreement. Under the terms of the merger agreement, Samsonite International S.A. will offer Tumi Holdings Inc shareholders $26.75 per share in cash for all outstanding shares.
Based in South Plainfield, New Jersey, and founded in 1975 Tumi Holdings Inc designs, produces, and markets various travel and business products and accessories.
The investigation focuses on whether NYSE: TUMI investors received the highest price and whether the directors of Tumi Holdings Inc acted in the best interest of Tumi Holdings Inc company and its shareholders.
If you purchased Tumi Holdings Inc (NYSE: TUMI) prior to March 4, 2016, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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