Dynamex, Inc. Merger Litigation (Nasdaq: DDMX)
Law Office of Brodsky & Smith, LLC Announces Investigation of Dynamex, Inc.
BALA CYNWYD – (BUSINESS WIRE) Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Dynamex, Inc. (“Dynamex” or the “Company”) (Nasdaq: DDMX - News) related to the Company’s agreement to be acquired by Greenbriar Equity Group, LLC (“Greenbriar”). Under terms of the proposed transaction, Dynamex shareholders will receive $21.25 in cash for each share of Dynamex common stock they own.
The investigation concerns possible breaches of fiduciary duty and other violations of state law related to the Dynamex board’s approval of the proposed transaction, including whether the Board failed to adequately shop the Company and whether the proposed transaction undervalues Dynamex shares. An analyst has set a price target for Dynamex at $22.00 per share.
If you own shares of Dynamex and wish to discuss the legal ramifications of the proposed transaction, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004, by e-mail at investorrelations@brodsky-smith.com, or by calling toll free 877-LEGAL-90.
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