| [February 13, 2012] |
 |
Harwood Feffer LLP Announces Investigation of General Bearing Corp.
NEW YORK --(Business Wire)--
Harwood Feffer LLP (www.hfesq.com)
is investigating potential claims against the board of directors of
General Bearing Corp. ("General Bearing" or the "Company") (OTC:
GNRL.PK) concerning the proposed acquisition of the Company by SKF Group
("SKF") in a transaction valued at approximately $125 million.
On February 13, 2012, General Bearing and SKF announced that they have
entered into a definitive merger agreement pursuant to which SKF will
acquire General Bearing for $28.00 per share in cash.
Our investigation concerns whether the board of directors is fulfilling
its fiduciary duties, maximizing the value of General Bearing,
disclosing all material benefits and costs and obtaining full and air
consideration for General Bearing shareholders.
If you own General Bearing shares and wish to discuss this matter with
us, or have any questions concerning your rights and interests with
regard to this matter, please contact:
Robert I. Harwood, Esq.
Benjamin Sachs-Michaels
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone (News - Alert) Numbers: (877) 935-7400 / (212)935-7400
Email: bsachsmichaels@hfesq.com
Website: http://www.hfesq.com
Harwood Feffer has been representing individual and institutional
investors for many years, serving as lead counsel in numerous cases in
federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com)
for more information about the firm.
Attorney Advertising. © 2012 Harwood Feffer LLP. The law firm
responsible for this advertisement is Harwood Feffer LLP (www.hfesq.com).
Prior results do not guarantee or predict a similar outcome with respect
to any future matter.
[ Back To TMCnet.com's Homepage ]
|
TMCnet LOGIN
Webinars
