OUTERWALL INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout

Rigrodsky & Long, P.A.:
  • Do you own shares of Outerwall Inc. (NASDAQ GS: OUTR )?
  • Did you purchase any of your shares prior to July 25, 2016?
  • Do you think the proposed buyout price is too low?
  • Do you want to discuss your rights?

Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Outerwall Inc. ("Outerwall" or the "Company") (NASDAQ GS: OUTR) regarding possible breaches of fiduciary duties and other violations of law related to the Company's entry into an agreement to be acquired by affiliates of certain funds (the "Apollo Funds") managed by affiliates of Apollo Global Management, LLC (together with its consolidated subsidiaries, "Apollo") (NYSE: APO), in a transaction valued at approximately $1.6 billion.

Click here to learn more: http://rigrodskylong.com/investigations/outerwall-inc-outr.

Under the terms of the agreement, shareholders of Outerwall will receive $52.00 in cash for each share of Outerwall common stock.

The investigation concerns whether Outerwall's board of directors failed to adequately shop the Company and obtain the best possible value for Outerwall shareholders before entering into an agreement with Apollo.

If you own the common stock of Outerwall and purchased your shares before July 25, 2016, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 2 Righter Parkway, Suite 120, Wilmington, DE 19803, by telephone at (888) 969-4242; by e-mail to info@rl-legal.com, or at: http://rigrodskylong.com/investigations/outerwall-inc-outr.

Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, on behalf of shareholders in states and federal courts throughout the United States.

Attorney advertising. Prior results do not guarantee a similar outcome.

View source version on businesswire.com: http://www.businesswire.com/news/home/20160725005845/en/

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