NEW YORK--(BUSINESS WIRE)--The Law Offices of Vincent Wong are investigating the Board of Directors of M&F Worldwide Corporation (NYSE: MFW) for possible breaches of fiduciary duty and other violations of state law in connection with the receipt of a merger proposal from MacAndrew & Forbes Holdings, Inc. Under the terms of the proposed transaction, MacAndrew & Forbes would acquire the remainder of the shares of the Company for $24.00 in cash.
The investigation concerns whether the M&F Worldwide Board of Directors is adequately shopping the Company and working to obtain the best price possible for M&F Worldwide shareholders. In particular, MFW stock has recently traded as high as $25.90 per share and M&F Worldwide reported a book value of $34.03 per share for the most recent quarter.
If you own common stock in MFW and wish to obtain additional information, please contact Vincent Wong, Esq. either via email firstname.lastname@example.org, by telephone at 212.584.2740, or visit http://www.wongesq.com/mf-worldwide-mfw.html.
Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.