NEW YORK--(BUSINESS WIRE)--The Law Office of Vincent Wong is investigating the Board of Directors of Dynamex, Inc. (NasdaqGM: DDMX) for possible breaches of fiduciary duty and other violations of state law in connection with their attempt to sell the Company to Greenbriar Equity Group, LLC. Under the terms of the transaction, Dynamex shareholders will receive $21.25 in cash for each share of Dynamex common stock for a total transaction value of approximately $210 million.
The investigation concerns whether the Dynamex Board of Directors breached their fiduciary duties to Dynamex stockholders by failing to adequately shop the Company before entering into this transaction and whether Greenbriar is underpaying for Dynamex shares, thus unlawfully harming Dynamex stockholders. At least one analyst set a price target for Dynamex stock at $22.00 per share.
If you own common stock in Dynamex and wish to obtain additional information, please contact Vincent Wong, Esq. either via email email@example.com, by telephone at 212.584.2740, or visit http://www.wongesq.com/dynamex-ddmx.html.
Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights.