WAYNE, Pa. -- (Business Wire)
Ryan & Maniskas, LLP (www.rmclasslaw.com/cases/bld)
is investigating potential claims against the board of directors of
Baldwin Technology Company, Inc. ("Baldwin" or the "Company") (AMEX:
BLD) concerning possible breaches of fiduciary duty and other violations
of law related to the Company’s efforts to sell Baldwin to Forsyth
Baldwin , LLC.
Our investigation concerns possible breaches of fiduciary duty and other
violations of law related to the approval of the transaction by
Company’s board of directors; in particular, whether the Company
undertook a fair process to obtain fair consideration for all
shareholders of Baldwin. For more information regarding our
investigation, please contact Ryan & Maniskas, LLP (Richard A. Maniskas,
Esquire) toll-free at (877) 316-3218 or by email at firstname.lastname@example.org
or visit: www.rmclasslaw.com/cases/bld.
Under the terms of the definitive agreement, Baldwin shareholders will
receive $0.96 in cash for each share of Baldwin Class A or Class B
Common Stock, subject to adjustment at closing based on certain
criteria, including the extent that the difference between Baldwin's
aggregate cash balances and the balance of aged accounts payable is less
than $1,800,000 , provided that such adjustments cannot reduce the per
share consideration below $0.90.
If you own shares of Baldwin and would like to learn more about these
claims or if you wish to discuss these matters and have any questions
concerning this announcement or your rights, contact Richard A.
Maniskas, Esquire toll-free at (877) 316-3218 or to sign up online,
You may also email Mr. Maniskas at email@example.com.
For more information about class action cases in general, please visit
our website: www.rmclasslaw.com.
Ryan & Maniskas, LLP is a national shareholder litigation firm. Ryan &
Maniskas, LLP is devoted to protecting the interests of individual and
institutional investors in shareholder actions in state and federal
Ryan & Maniskas, LLP
Richard A. Maniskas, Esquire
Source: Ryan & Maniskas, LLP
© 2016 Canjex Publishing Ltd. All rights reserved.