SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation into the Fairness of the Acquisition of The Michaels Companies, Inc. by Apollo Global Management, Inc.
New York, New York--(Newsfile Corp. - March 16, 2021) - The following statement is being issued by Levi & Korsinsky, LLP:
To: All Persons or Entities who purchased The Michaels Companies, Inc. ("Michaels" or the "Company") (NASDAQ: MIK) stock prior to March 3, 2021.
You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the acquisition of Michaels by Apollo Global Management, Inc. The investigation seeks to determine whether the proposed $22.00 per share provides sufficient consideration for the Company's shareholders, and whether the Company's officers and/or directors breached their fiduciary duties in agreeing to sell the company to Apollo Global Management, Inc.. To learn more about the action and your rights, go to:
or contact Joseph E. Levi, Esq. either via email at firstname.lastname@example.org or by telephone at (212) 363-7500. There is no cost or obligation to you.
The Michaels merger investigation concerns whether the Board of Michaels has harmed stockholders by agreeing to enter into this transaction and whether all material facts have been properly disclosed to stockholders.
Levi & Korsinsky is a nationally recognized firm with offices in New York, Connecticut, California, and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
Tel: (212) 363-7500
Fax: (212) 363-7171
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/77513