We Give Shareholders a Voice
Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Ply Gem Holdings, Inc. (NYSE: PGEM) to Clayton, Dubilier & Rice for $21.64 per share.
The investigation concerns whether the Board of Ply Gem breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Clayton, Dubilier & Rice is underpaying for Ply Gem shares, thus unlawfully harming Ply Gem shareholders. Stockholders holding more than 50% of the outstanding shares of Ply Gem common stock agreed to tender their shares.
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