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BALDWIN TECHNOLOGY CO
Symbol U : BLD
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Ryan & Maniskas, LLP Announces Investigation of Baldwin Technology Company, Inc.

2011-12-28 11:28 ET - News Release


Company Website: http://www.rmclasslaw.com/cases/bld
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 rmaniskas@rmclasslaw.com 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, visit: www.rmclasslaw.com/cases/bld. You may also email Mr. Maniskas at rmaniskas@rmclasslaw.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 courts nationwide.

Contacts:

Ryan & Maniskas, LLP
Richard A. Maniskas, Esquire
877-316-3218
rmaniskas@rmclasslaw.com
www.rmclasslaw.com/cases/bld

Source: Ryan & Maniskas, LLP

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