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Dec. 6, 2012 /PRNewswire/ -- Morgan & Morgan is investigating potential claims against the Board of Directors of Young Innovations, Inc. (YDNT) related to the proposed acquisition of Young Innovations by Linden Capital Partners, a
Chicago-based private equity firm. Under the proposed "going private" agreement, Linden will acquire all outstanding shares of Young Innovations for
$39.50 in cash per share. The transaction is valued at approximately
Our investigation concerns whether YDNT's board of directors consideration of the proposed transaction was adequate and whether the proposed share price is fair to YDNT shareholders. The offer price represents a mere 12.5% premium to the thirty day average closing price of YDNT's share price before the transaction was announced, but shares have traded above the offer price as recently as September, 2012. If you are a current shareholder of Young Innovations and are interested in learning more about our
Young Innovations (YDNT) buyout investigation, please contact
George Pressly, Esq. at 1 (800) 631-6234 or email George at
About Morgan & MorganMorgan & Morgan is one of the nation's largest 200 law firms. In addition to
securities fraud, the firm also practices in the areas of antitrust, personal injury, consumer protection, overtime, and product liability. All of the Firm's legal endeavors are rooted in its core mission: provide investor and consumer protection and always fight "for the people."
Attorney advertising. Prior results do not guarantee a similar outcome.
Contact:Morgan & Morgan
Peter Safirstein, Esq.Five Penn Plaza23rd Floor
New York, NY 100011-800-631-6234
SOURCE Morgan & Morgan