Advance America, Cash Advance Centers (NYSE:AEA) Investors Investigation over ...
On Wednesday, February 15, 2012, after the market closed Advance America, Cash Advance Centers, Inc. (“Advance America“) (NYSE: AEA) and Grupo Elektra, S.A.B. de C.V. (“Grupo Elektra”) (BMV: ELEKTRA) announced that Advance America and subsidiaries of Grupo Elektra have entered into an agreement under which Grupo Elektra will acquire control of all of the outstanding shares of Advance America, a leading U.S. short-term lender, for $10.50 per share in cash. Therefore the investigation by a law firm for NYSE:AEA investors concerns whether the Advance America Board of Directors undertook an adequate sales process and in particular breached their fiduciary duties to Advance America, Cash Advance Centers (NYSE:AEA) shareholders by failing to adequately shop the Company before entering into this transaction.outstanding cash advance - News
An investigation on behalf of investors of Advance America, Cash Advance Centers (NYSE:AEA) in connection with the takeover was announced and NYSE:AEA stockholders should contact the Shareholders Foundation. San Diego, CA -- (SBWIRE) -- 02/20/2012
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Misys received a non-binding proposal from Vista to acquire all outstanding shares in cash, Misys said today. Cove Energy Plc advanced 5.2 percent to 156.75 pence. Bids for the London-based oil and gas explorer which put itself up for sale last month
Advance America Cash Advance Centers said Wednesday it has entered into an agreement that gives Grupo Elektra all of its outstanding shares for $10.50 apiece. The value of the transaction is about $780 million, including Advance America's outstanding
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