Pomerantz Law Firm Investigates Claims on Behalf of Investors of Duf & Phelps
Corporation -- DUF
NEW YORK, Jan. 2, 2013 (GLOBE NEWSWIRE) -- Pomerantz Grossman Hufford
Dahlstrom & Gross LLP is investigating claims on behalf of investors of Duf &
Phelps Corporation (ISIN:US26433B1070) ("Duf" or the "Company") concerning the
proposed acquisition of Duf by a consortium of affiliates for The Carlyle
Group, Stone Point Capital LLC, Pictet & Cie and Edmond de Rothschild Group.
The consortium will acquire Duf in a transaction valued at approximately
The investigation concerns whether the Duf directors are breaching their
fiduciary duties by failing to adequately shop the Company and maximize
shareholder value. Under the terms of the agreement, Duf shareholders would
receive $15.55 per share in cash per share of common stock. However, price to
EBITDA, net income and other multiples are below the average of comparable
transactions. Further, at least one research analyst has set a target share
price of $16.00 per share.
Duf shareholders seeking more information about this acquisition are advised
to contact Gustavo Bruckner at firstname.lastname@example.org, 212-661-1100 or
888-476-6529, ext. 302.
The Pomerantz Firm, with offices in New York, Chicago and San Diego, is
acknowledged as one of the premier firms in the areas of corporate,
securities, and antitrust class litigation. Founded by the late Abraham L.
Pomerantz, known as the dean of the class action bar, the Pomerantz Firm
pioneered the field of securities class actions. Today, more than 75 years
later, the Pomerantz Firm continues in the tradition he established, fighting
for the rights of the victims of securities fraud, breaches of fiduciary duty,
and corporate misconduct. The Firm has recovered numerous multimillion-dollar
damages awards on behalf of defrauded investors. See www.pomerantzlaw.com.
CONTACT: Robert Willoughby
Pomerantz Grossman Hufford Dahlstrom & Gross LLP
212-661-1100 ext. 237
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