Aug. 8, 2013
/PRNewswire/ -- Morgan & Morgan announces that it is investigating potential legal claims against the board of directors of Saks Incorporated ("Saks" or the "Company") (NYSE: SKS) relating to the proposed acquisition by Hudson's Bay Company.
If you purchased Saks, and want more information about the
Saks takeover investigation
George Pressly, Esq.
at 1(800) 631-6234 or email George at
Under the terms of the proposal, public shareholders of Saks will receive
per share in cash for each share of Saks they own.
Morgan & Morgan's investigation concerns whether Saks' Board of Directors breached its fiduciary duties to act in the best interests of Saks' shareholders and to take all necessary steps to ensure that Saks' shareholders receive the maximum value readily available for their shares of Saks common stock. According to Yahoo! Finance, at least one analyst has set a price target of
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Attorney advertising. Prior results do not guarantee a similar outcome.
Contact:Morgan & Morgan
Peter Safirstein, Esq.
28 West 44
New York, NY
SOURCE Morgan & Morgan