BLYTH, INC. SHAREHOLDER ALERT: Faruqi & Faruqi, LLP Announces the Investigation of the Blyth, Inc. (BTH) Buyout Proposal for the Sale of the Company to CVSL Inc. in a $269 Million Cash Deal
Juan 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 Blyth, Inc. (“Blyth” or the “Company”) (NYSE: BTH) for potential breaches of fiduciary duties in connection with their conduct related to the proposed sale of the Company to CVSL Inc. in a cash deal valued at approximately $269 million. Under the terms of the proposed transaction, Blyth’s stockholders will receive $16.75 for each share of Blyth common stock they own. Meanwhile, according to Yahoo! Finance, at least one analyst has set a price target of $40.00 for the Company.
The investigation focuses on whether Blyth’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 Blyth’s shareholders.
If you own common stock in Blyth and wish to obtain additional information and protect your investments free of charge, please 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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Juan E. Monteverde
Faruqi & Faruqi, LLP
369 Lexington Avenue 10th Floor
New York, NY 10017
Tel: (212) 983-9330
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