PHILADELPHIA, PA / ACCESSWIRE / February 18, 2020 / Kaskela Law LLC announces that it is investigating CSS Industries, Inc. ("CSS") (NYSE:CSS) on behalf of the company's stockholders.
On January 20, 2020, CSS announced that it had entered into a merger agreement under which IG Design Group pls, through a subsidiary, will acquire CSS for $9.40 per share in an all cash transaction valued at approximately $88 million. Following the proposed transaction, CSS will no longer be a publicly traded company.
The investigation seeks to determine: (i) whether the proposed transaction as structured is fair to CSS's stockholders, (ii) whether CSS stockholders will receive adequate consideration for their shares; and (iii) whether CSS stockholders are being provided with all material information necessary to evaluate and vote on the proposed transaction with IG Design Group.
CSS stockholders are encouraged to contact Kaskela Law LLC (David Seamus Kaskela, Esq.) at (484) 258 - 1585, or online at http://kaskelalaw.com/case/css-industries-inc/, for additional information about this investigation and their legal rights and options.
Kaskela Law LLC exclusively represents investors in securities fraud, corporate governance, and merger & acquisition litigation. For additional information about Kaskela Law LLC please visit www.kaskelalaw.com.
CONTACT:
David Seamus Kaskela, Esq.
KASKELA LAW LLC
18 Campus Blvd., Suite 100
Newtown Square, PA 19073
(484) 258 - 1585
(888) 715 - 1740
www.kaskelalaw.com
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SOURCE: Kaskela Law LLC