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| Protecting the Rights of Shareholders and Consumers |
Bowne & Co Inc. Securities Litigation
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Bowne & Co Inc. (NYSE: BNE) shareholder litigation in connection with
alleged unfair takeover offer
On February 24, 2010, Bowne & Co Inc. (“Bowne” or the “Company”)
announced that it agreed to sell the Company to R.R. Donnelley & Sons
Company ("Donnelley") (NasdaqGS: RRD). Under the terms of the
transaction, Bowne shareholders will receive $11.50 in cash for each
share they own.
The investigation concerns whether the Bowne Board of Directors
breached their fiduciary duties to Bowne stockholders by failing to
adequately shop the Company before entering into this transaction and
whether Donnelley is underpaying for Bowne shares, thus unlawfully
harming Bowne stockholders.
alleged unfair takeover offer
On February 24, 2010, Bowne & Co Inc. (“Bowne” or the “Company”)
announced that it agreed to sell the Company to R.R. Donnelley & Sons
Company ("Donnelley") (NasdaqGS: RRD). Under the terms of the
transaction, Bowne shareholders will receive $11.50 in cash for each
share they own.
The investigation concerns whether the Bowne Board of Directors
breached their fiduciary duties to Bowne stockholders by failing to
adequately shop the Company before entering into this transaction and
whether Donnelley is underpaying for Bowne shares, thus unlawfully
harming Bowne stockholders.
