Shareholders Foundation, Inc.

NASDAQ: FINL Investor Alert: Investigation of Takeover of the Finish Line, Inc

An investigation on behalf of investors of The Finish Line, Inc. (NASDAQ: FINL) in connection with the proposed takeover was announced and NASDAQ: FINL stockholders should contact the Shareholders Foundation.

 

San Diego, CA -- (SBWIRE) -- 04/03/2018 -- An investigation was announced for investors, who currently hold shares of The Finish Line, Inc. (NASDAQ: FINL),concerning the takeover of The Finish Line, Inc. by JD Sports Fashion Plc for $13.50 per share.

Investors who purchased shares of The Finish Line, Inc. (NASDAQ: FINL) should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm concerns whether certain directors of The Finish Line, Inc. breached their fiduciary duties owed to NASDAQ: FINL investors in connection with the proposed acquisition.

On Mar. 26, 2018, The Finish Line, Inc. (NASDAQ:FINL) announced that it has entered into a merger agreement providing for JD Sports Fashion Plc (LSE: JD) to acquire 100% of the issued and outstanding Finish Line shares at a price of $13.50 per share in cash representing an aggregate deal value of approximately $558 million.

However, given that at least one analyst has set the high price target for NASDAQ:FINL shares at $17.00 per share, the investigation concerns whether the offer is unfair to NASDAQ: FINL stockholders. More specifically, the investigation concerns whether the Finish Line Board of Directors undertook an adequate sales process, adequately shopped the company before entering into the transaction, maximized shareholder value by negotiating the best price, and acted in the shareholders' best interests in connection with the proposed sale.

Those who are current investors in The Finish Line, Inc. (NASDAQ: FINL) shares have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com