NEW YORK, April 15, 2019 (GLOBE NEWSWIRE) -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating whether the sale of Multi-Color Corporation (“Multi-Color” or the “Company”) (LABL) to an affiliate of Platinum Equity LLC (“Platinum Equity”) is fair to Multi-Color shareholders.
If you are a Multi-Color shareholder and would like to discuss your legal rights and options, please visit Multi-Color (LABL) Merger Investigation or contact Daniel Sadeh or Zachary Halper at (212) 763-0600 or email@example.com or firstname.lastname@example.org.
On February 27, 2019, Robert W. Baird set a target price for Multi-Color at $55.00 per share, or 10% higher than Platinum Equity’s offer of $50.00 per share. The investigation concerns whether Multi-Color and its Board of Directors violated the federal securities laws and/or their fiduciary duties to shareholders by failing to: (1) obtain the best possible price for Multi-Color shareholders; (2) determine whether Platinum Equity is underpaying for Multi-Color; and (3) disclose all material information necessary for Multi-Color shareholders to adequately assess and value the merger consideration.
On behalf of Multi-Color shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
If you are a Multi-Color shareholder and would like to discuss your legal rights and options, please visit https://halpersadeh.com/actions/multi-color-corporation-labl-merger-platinum-equity-stock/ or contact Daniel Sadeh or Zachary Halper at (212) 763-0600 or email@example.com or firstname.lastname@example.org.
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