Levi & Korsinsky is investigating the Board of Directors of Christopher & Banks Corporation (“CBK” or the “Company”) (NYSE: CBK) for possible breaches of fiduciary duty and other violations of state law in connection with the receipt of a merger proposal from Aria Partners (“Aria”).
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, or call: 877-363-5972. There is no cost or obligation to you.
On May 21, 2012, CBK rejected a merger proposal from Aria. In a July 3, 2012 letter to the CBK Board, Aria made a second offer of $1.75 per share. The investigation concerns whether the CBK Board of Directors is acting in the best interest of shareholders by rejecting Aria’s original offer and allegedly refusing to engage in meaningful conversation with Aria. In their letter to the CBK Board, Aria alleges that its “attempts to do a consensual deal have been rebuffed.” The offer price represents a 50% premium over the current CBK share price.
If you own common stock in CBK and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at
or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or
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