Press Releases
Law Office Of Brodsky & Smith, LLC Announces Investigation Of Sport Supply Group
Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Sport Supply Group. (“Sport Supply” or the “Company”) (Nasdaq:RBI) relating to the proposed acquisition by an affiliate of ONCAP Management Partners, L.P. (“ONCAP”) Under the terms of the agreement, Sport Supply shareholders would receive cash of $13.55 for each share of Sport Supply stock they own.
The investigation concerns possible breaches of fiduciary duty and other violations of state law related to the Sport Supply board’s approval of the proposed acquisition. The transaction appears to be unfair, in part, given that Sport Supply stock was trading at $12.84 a share as recently as March 8, 2010 and was trading at $12.52 a share on January 4, 2010. Further, CBT Holdings, LLC, which beneficially owns approximately 16% of Sport Supply’s outstanding common stock, and certain members of Sport Supply’s management team, have entered into agreements with ONCAP to exchange their Sport Supply common stock and options, as applicable, for equity of the purchaser entity. If you own shares of Sports Supply and wish to discuss the legal ramifications of the proposed transaction, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004, by e-mail at investorrelations@brodsky-smith.com, or by calling toll free 877-LEGAL-90.TheStreet Premium Services
Jim Cramer's Action Alerts PLUS:
Trade right alongside a Wall Street pro — enjoy access to his Charitable Trust portfolio and be sent trade alerts BEFORE he makes a move. Learn MoreOptionsProfits:
Get 50+ trade ideas a week from the industry's top options experts. Plus — exclusive commentary on market trends and essential trading tools. Learn MoreReal Money:
Our team of professional Wall Street Pros — including Jim Cramer, Doug Kass, and Nicholas Vardy — delivers intelligent analysis, timely trade ideas, and colorful commentary. Learn MoreStocks Under $10:
Break into the market with small- and mid-cap stocks... all $10 or less! David Peltier tells you exactly which low-priced stocks he's buying and selling. Learn MoreTo begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
blog comments powered by Disqus
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note |
|
|---|---|---|---|---|
| 12,393.45 | 1,310.33 | 2,827.34 | 15.81 |
Oil *
101.78
|
|
DOWN
26.41 |
DOWN
2.99 |
DOWN
10.02 |
DOWN
0.44 |
10 Yr
1.58%
SPDR Gold
151.62
|
|
-0.21%
|
-0.23%
|
-0.35%
|
-2.71%
|
Data delayed 20 minutes |



Connect with TheStreet