Kirby McInerney LLP is investigating potential claims against the Board of Directors of SHFL Entertainment, Inc. (“SHFL” or the “Company”) (NASDAQ: SHFL) related to the proposed acquisition of the Company by Bally Technologies, Inc. (“Bally”) (NYSE: BYI). Under the terms of the transaction, Bally will purchase all of the outstanding common stock of SHFL for $23.25 per share in cash, for a total transaction value of approximately $1.3 billion. The investigation concerns whether the SHFL Board of Directors violated its fiduciary duties by agreeing to this transaction and whether the proposed $23.25 per share consideration adequately values SHFL common shares.
If you are a SHFL shareholder and wish to obtain additional information, please contact J. Brandon Walker, Esq. by email at firstname.lastname@example.org, by telephone at (212) 699-1145 or (888) 529-4787, or by filling out this contact form.
Kirby McInerney LLP is a New York-based law firm concentrating in securities, shareholder, whistleblower, antitrust and consumer litigation. For additional information, please go to www.kmllp.com.