Holzer Holzer & Fistel, LLC Announces Investigation Into The Proposed Buyout Of PRIMEDIA, Inc.
Holzer Holzer & Fistel, LLC is investigating whether the directors of PRIMEDIA, Inc. (“PRIMEDIA”) (NYSE: PRM) complied with their fiduciary duties in approving the proposed acquisition of the company by affiliate of TPG Capital. According to PRIMEDIA’s announcement, if the deal closes PRIMEDIA shareholders will receive $7.10 for each share of PRM owned. The investigation seeks to determine, among other things, whether the consideration to be paid to PRIMEDIA shareholders is fair and adequate.
Current holders of PRIMEDIA common stock with questions concerning their legal rights are encouraged to contact Holzer Holzer & Fistel, LLC and its attorneys Michael I. Fistel, Jr., Esq., or Marshall P. Dees, Esq. via email at email@example.com, or firstname.lastname@example.org, or via toll-free telephone at (888) 508-6832.
Holzer Holzer & Fistel, LLC is an Atlanta, Georgia law firm that dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. More information about the firm is available through its website,
www.holzerlaw.com and upon request from the firm. Holzer Holzer & Fistel, LLC has paid for the dissemination of this promotional communication, and Michael I. Fistel, Jr. is the attorney responsible for its content.
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