Faruqi & Faruqi, LLP Announces the Investigation of Blount International Inc. (BLT) Over the Proposed Sale of the Company to Private Equity
Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Blount International Inc. (“Blount” or the “Company”) (NYSE:BLT) for potential breaches of fiduciary duties in connection with the sale of the Company to American Securities LLC and P2 Capital Partners, LLC for approximately $855 million.
The Company’s stockholders will only receive $10.00 in cash for each share of Blount common stock they own.
If you own common stock in Blount and wish to obtain additional information and protect your investments free of charge, please fill out the form below or contact Juan Monteverde, Esq. either via e-mail at email@example.com or by telephone at (877) 247-4292 or (212) 983-9330.
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Faruqi & Faruqi, LLP
685 Third Avenue 26th Floor
New York, NY 10017
Tel: (212) 983-9330
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