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Young Innovations Inc. Message Board

  • sachshah25 sachshah25 Dec 4, 2012 9:00 AM Flag

    BUYOUT OF YOUNG - LAW FIRM CHALLENGES FAIRNESS OF PRICE ON BEHALF OF SHAREHOLDERS

     

    MarketWire
    Dec. 4, 2012

    New York, New York -- Tripp Levy PLLC, a leading national securities law firm, announces that it is investigating the acquisition of Young Innovations on behalf of shareholders. Young Innovations, Inc. (YDNT) announced that it has entered into a definitive agreement to be acquired by an affiliate of Linden Capital Partners, a Chicago-based private equity firm. Under the terms of the agreement, holders of outstanding shares of common stock of Young will receive $39.50 per share.

    The investigation concerns whether the board of directors of Young breached their fiduciary duties by not engaging in a full and fair auction of the company to obtain the highest price possible while selling the company at this price to obtain personal benefits for themselves. The investigation concerns whether the price is fair considering the fact that the company has no debt and that its stock has traded above this offer price as recently as 60 days ago.

    If you are a shareholder of Young and would like information as to how this buyout effects your rights as a shareholder, please contact toll free at 877-772-3975 or email us at contact @ tripplevy

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