American Pacific Corporation (NASDAQ:APFC) Investor Alert: Investigation of Takeover at $46.50

An investigation on behalf of investors of American Pacific Corporation (NASDAQ:APFC) in connection with the proposed takeover was announced and NASDAQ:APFC stockholders should contact the Shareholders Foundation.

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San Diego, CA -- (SBWire) -- 01/15/2014 --An investigation on behalf of investors, who currently hold shares of American Pacific Corporation (NASDAQ:APFC) shares, was announced concerning whether the takeover of American Pacific Corporation by H.I.G. Capital, LLC for $46.50 per share is unfair to NASDAQ:APFC stockholders.

Investors who purchased shares of American Pacific Corporation and currently hold any of those NASDAQ:APFC shares have certain options and should contact the Shareholders Foundation at mail(at)shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm concerns whether certain officers and directors of American Pacific Corporation (. breached their fiduciary duties owed to NASDAQ:APFC investors in connection with the proposed acquisition.

On January 10, 2014, American Pacific Corporation announced that it has entered into a merger agreement to be acquired by investment funds managed by H.I.G. Capital, LLC in an all cash transaction valued at approximately $392.0 million. Under the terms of the merger agreement, affiliates of H.I.G. Capital, LLC . will, no later than January 24, 2014, commence a tender offer to acquire all of the outstanding shares of American Pacific Corporation common stock at a price of $46.50 per share.

However, given that NASDAQ:APFC shares traded as high as $58.20 per share as recently as October 4, 2013, the investigation concerns whether the $46.50-offer is unfair to NASDAQ:APFC stockholders. More specifically, the investigation concerns whether the American Pacific 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.

In addition, American Pacific’s performance improved recently. For instance, American Pacific Corporation reported that its Total Revenue rose from $160.71 million for the 12 months period that ended on Sept. 30, 2011 to $215.09 million for the 12 months period that ended on Sept. 30, 2013 and that its Net loss o $7.24 million for the 12 months period that ended on Sept. 30, 2011 turned into a Net Income of $23.23 million for the 12 months period that ended on Sept. 30, 2013.

Shares of American Pacific Corporation grew from $4.17 per share in September 2010 to as high as $58.20 per share in October 2013.

On Jan. 13, 2014, NASDAQ:APFC shares closed at $46.35 per share.

Those who are current investors in American Pacific Corporation shares have certain options and should contact the Shareholders Foundation.

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

Media Relations Contact

Trevor Allen
General Manager
Shareholders Foundation, Inc.
858-779-1554
http://www.ShareholdersFoundation.com

View this press release online at: http://rwire.com/434513