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SHAREHOLDER ALERT: Brower Piven Announces The Investigation Of Design Within Reach, Inc. In Connection With The Proposed Sale Of The Company To Herman Miller, Inc.STEVENSON, Md. --(Business Wire)-- The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Design Within Reach, Inc. ("DWR" or the "Company") (Other OTC: DWRI) relating to the proposed buyout of the Company by Herman Miller, Inc. ("Herman Miller (News - Alert)"). On July 17, 2014 Herman Miller announced that it has entered into an agreement to acquire DWR in a merger valued at approximately $154 million. Under the terms of the transaction, DWR shareholders will be entitled to receive approximately $23 per share on a fully-diluted basis as a result of the acquisition. The firm's investigation seeks to determine, among other things, whether the Company's Board of Directors breached their fiduciary duties by failing to maximize shareholder value before agreeing to enter into the transaction, and whether Herman Miller is underpaying for DWR shares. If you currently own common stock of DWR and would like to learn more about the investigation being conducted by Brower Piven, without cost or obligation to you, please visit our website at http://www.browerpiven.com/currentinvestigations.html. You may also request more information by contacting Brower Piven either by email at [email protected] or by telephone at (410) 415-6616. Attorneys at Brower Piven have extensive experience in litigating securities and other class action cases and have been advocating for the rights of shareholders since the 1980s.
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