ARDEN GROUP INVESTOR ALERT: Faruqi & Faruqi, LLP Announces Acquisition of Arden Group Inc. (ARDNA) by TPG Capital May Be Detrimental To Shareholders Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Arden Group, Inc. Business Wire NEW YORK -- January 8, 2014 Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Arden Group, Inc. (“Arden Group” or the “Company”) (NASDAQ: ARDNA) for potential breaches of fiduciary duties in connection with their conduct related to the sale of the Company to TPG in a cash deal valued at approximately $394 million. Under the terms of the proposed transaction, Arden Group’s stockholders will receive $126.50 for each share of Arden Group common stock they own. Request more information now by clicking here: www.faruqilaw.com/ARDNA. There is no cost or obligation to you. The investigation focuses on whether the Company’s Board of Directors breached their fiduciary duties to the Company’s stockholders by failing to conduct an adequate and fair sales process prior to agreeing to this proposed transaction, whether and by how much this proposed transaction undervalues the Company to the detriment of Arden Group’s shareholders. Faruqi & Faruqi, LLP is a national law firm which represents investors and individuals in class action litigation. The firm is focused on providing exemplary legal services in complex litigation in the areas of securities, shareholder, antitrust and consumer litigation, throughout all phases of litigation. The firm has an experienced trial team which has achieved significant victories on behalf of the firm’s clients. To keep track of the latest securities litigation news, follow us on Twitter at www.twitter.com/MergerActivity or on Facebook at www.facebook.com/FaruqiLaw. If you own common stock in Arden Group, Inc. and wish to obtain additional information and protect your investments free of charge, please visit us at www.faruqilaw.com/ARDNA or contact Juan E. Monteverde, Esq. either via e-mail at email@example.com or by telephone at (877) 247-4292 or (212) 983-9330. Contact: Faruqi & Faruqi, LLP 369 Lexington Avenue, 10th Floor New York, NY 10017 Attn: Juan E. Monteverde, Esq. firstname.lastname@example.org Toll Free: (877) 247-4292 Phone: (212) 983-9330 Attorney Advertising. (C) 2014 Faruqi & Faruqi, LLP. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We are happy to discuss your particular case. Contact: Faruqi & Faruqi, LLP www.faruqilaw.com/ARDNA Juan E. Monteverde, Esq. email@example.com (877) 247-4292 or (212) 983-9330
ARDEN GROUP INVESTOR ALERT: Faruqi & Faruqi, LLP Announces Acquisition of Arden Group Inc. (ARDNA) by TPG Capital May Be
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