SAN DIEGO and LIVONIA, Mich., Dec.
20, 2013 /PRNewswire/ -- Shareholder rights attorneys
at Robbins Arroyo LLP are investigating the acquisition of Valassis
Communications, Inc. (NYSE: VCI) by Harland Clarke Holdings Corp.,
a wholly owned subsidiary of MacAndrew & Forbes Holdings
Inc. On December 18, 2013,
Harland Clarke announced the signing
of a definitive merger agreement pursuant to which the company will
acquire all outstanding shares of Valassis for $34.04 per share in cash.
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Is the Proposed Merger Best for Valassis and Its
Shareholders?
Robbins Arroyo LLP's investigation focuses on whether the board
of directors at Valassis is undertaking a fair process to obtain
maximum value and adequately compensate Valassis shareholders in
the merger. Specifically, the investigation concerns whether the
Valassis board conducted an adequate auction process in order to
maximize shareholder value.
Valassis shareholders have the option to file a class action
lawsuit to ensure the board of directors properly evaluates the
proposal to obtain the best possible price for shareholders and the
disclosure of material information. Valassis shareholders
interested in information about their rights and potential remedies
can contact attorney Darnell R.
Donahue at (800) 350-6003, ddonahue@robbinsarroyo.com, or
via the shareholder information form on the firm's website.
Robbins Arroyo LLP is a nationally recognized leader in
securities litigation and shareholder rights law. The law
firm represents individual and institutional investors in
shareholder derivative and securities class action lawsuits, and
has helped its clients realize more than $1
billion of value for themselves and the companies in which
they have invested.
Attorney Advertising. Past results do not guarantee a
similar outcome.
Contact:
Darnell R. Donahue
Robbins Arroyo LLP
ddonahue@robbinsarroyo.com
(619) 525-3990 or Toll Free (800) 350-6003
www.robbinsarroyo.com
SOURCE Robbins Arroyo LLP