|[January 10, 2014]
INVESTOR ALERT: Faruqi & Faruqi, LLP Announces the Investigation of American Pacific Corporation (APFC) Over the Proposed Sale of the Company to H.I.G. Capital, LLC in a Cash Deal
NEW YORK --(Business Wire)--
E. Monteverde, a partner at Faruqi
& Faruqi, LLP, a leading national securities firm headquartered
in New York City, is investigating the Board of Directors of American
Pacific Corporation ("American Pacific" or the "Company") (NASDAQ: APFC)
for potential breaches of fiduciary duties in connection with their
conduct related to the sale of the Company to H.I.G. Capital, LLC in a
cash deal valued at approximately $392 million. Under the terms of the
proposed transaction, American Pacific's stockholders will receive
$46.50 for each share of American Pacific common stock they own. As
recently as three months ago, American Pacific traded at $60 per share.
Request more information now by clicking here: www.faruqilaw.com/APC.
There is no cost or obligation to you.
The investigation focuses on whether American Pacific's Board of
Directors breached their fiduciary duties to the Company's stockholders
by failing to conduct an adequate and fair sales process prior to
agreeing to this proposed transaction, whether and by how much this
proposed transaction undervalues the Company to the detriment of
American Pacific's shareholders.
& Faruqi, LLP is a national law firm which represents investors
and individuals in class action litigation. The firm is focused on
providing exemplary legal services in complex litigation in the areas of
securities, shareholder, antitrust and consumer litigation, throughout
all phases of litigation. The firm has an experienced trial team which
has achieved significant victories on behalf of the firm's clients. To
keep track of the latest securities litigation news, follow us on
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If you own common stock in American Pacific and wish to obtain
additional information and protect your investments free of charge,
please visit us at www.faruqilaw.com/APFC
or contact Juan E. Monteverde, Esq. either via e-mail at firstname.lastname@example.org
or by telephone at (877) 247-4292 or (212) 983-9330.
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