NEW YORK--(BUSINESS WIRE)--The Law Offices of Vincent Wong are investigating the Board of Directors of APAC Customer Services, Inc. (NASDAQ: APAC) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to an affiliate of One Equity Partners. Under the terms of the deal, APAC stockholders will receive $8.55 per share in cash. The transaction has a total value of approximately $470 million.
To get more information and join the action, click here: http://www.wongesq.com/apac-customer-services.html.
The investigation concerns whether the APAC Board of Directors breached their fiduciary duties to APAC stockholders by failing to adequately shop the Company before entering into this transaction and whether One Equity Partners is underpaying for APAC shares. The chairman of the board, Theodore Schwartz, and his affiliated entities, representing approximately 39% of APAC's outstanding shares, have entered into a voting agreement to vote in favor of the transaction.
If you own common stock in APAC 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/apac-customer-services.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.