Dial Global, Inc. SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces
Investigation into Possible Breaches of Fiduciary Duty by the Board of Dial
Global, Inc. in Connection with Sale of the Company
NEW YORK -- September 9, 2013
Levi & Korsinsky is investigating the Board of Directors of Dial Global, Inc.
(“Dial” or the “Company”) (OTC MKTS:DIAL) for possible breaches of fiduciary
duty and other violations of state law in connection with the sale of the
Company to Cumulus Media Inc.
Click here to learn more about the investigation
http://zlk.9nl.com/dial-global-dial/, or call: 877-363-5972. There is no cost
or obligation to you.
Under the terms of the transaction, Dial shareholders will receive $0.155 for
each share of Dial stock they own. The transaction has a total approximate
value of $260 million. The investigation concerns whether the Dial Board of
Directors breached their fiduciary duties to stockholders by failing to
adequately shop the Company before agreeing to enter into this transaction,
and whether Cumulus Media Inc. is underpaying for Dial shares. Stockholders
representing approximately 90% of the Company’s common stock have agreed to
tender their shares.
If you own Dial common stock and wish to obtain additional information, please
contact Joseph E. Levi, Esq. either via email at email@example.com or by telephone
at (212) 363-7500, toll-free: (877) 363-5972, or visit
Levi & Korsinsky is a national firm with offices in New York, New Jersey and
Washington D.C. The firm has extensive expertise in prosecuting securities
litigation involving financial fraud, representing investors throughout the
nation in securities and shareholder lawsuits. The attorneys at Levi &
Korsinsky have been appointed by numerous courts throughout the country to
serve as lead counsel on behalf of shareholders in major securities lawsuits
and have successfully recovered multimillion-dollar damages awards on behalf
of investors. For more information, please feel free to contact any of the
attorneys listed below. Attorney advertising. Prior results do not guarantee
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
Toll Free: 877-363-5972
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