RLJ ENTERTAINMENT, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation of Buyout
RLJ ENTERTAINMENT (RLJE)
US:NASDAQ Investor Relations:
rljentertainment.com
Company Research
Source: Business Wire
WILMINGTON, Del.--(BUSINESS WIRE)-- Rigrodsky & Long, P.A.: Do you own shares of RLJ Entertainment, Inc. (NASDAQ CM: RLJE)? Did you purchase any of your shares prior to July 30, 2018? Do you think the proposed buyout is fair? 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 RLJ Entertainment, Inc. (“RLJ Entertainment” or the “Company”) (NASDAQ CM: RLJE) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by AMC Networks Inc. (“AMC Networks”) (NASDAQ GS: AMCX) in a transaction valued at approximately $274 million. Under the terms of the agreement, shareholders of RLJ Entertainment will receive $6.25 in cash for each share of RLJ Entertainment common s
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