Shareholders Foundation, Inc.

RealD (NYSE:RLD) Investor Alert: Investigation of Potential Acquisition by Starboard Value

An investigation on behalf of investors of RealD (NYSE:RLD) in connection with the proposed takeover was announced and NYSE:RLD stockholders should contact the Shareholders Foundation.

 

San Diego, CA -- (SBWIRE) -- 10/07/2014 -- The Shareholders Foundation announces that an investigation on behalf of investors, who currently hold shares of RealD (NYSE:RLD), was launched concerning whether the proposed takeover of RealD by Starboard Value LP for $12 per share is unfair to NYSE:RLD stockholders.

Investors who purchased shares of RealD (NYSE:RLD) and currently hold any of those NYSE:RLD shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm is at an early stage and concerns whether a takeover would be unfair to NYSE:RLD investors.

On October 1, 2014 Starboard Value LP, which holds a 9.9 percent of RealD, has reportedly submitted a proposal to acquire RealD for $12 per share.

However, given that at least one analyst has set the high target price for NYSE:RLD shares at $15.00 per share and that NYSE:RLD shares traded in the open market as recently as June 2014 as high as $12.89, respectively in May 2013 as high as $15.55 per share, the investigation by a law firm concerns whether the RealD Board of Directors will undertake an adequate sales process, adequately shop the company before entering into any transaction, maximize shareholder value by negotiating the best price, and act in the shareholders' best interests in connection with the proposed sale.

Shares of RealD (NYSE:RLD) closed on October 3, 2014, at $11.66 per share.

Those who are current investors in RealD (NYSE:RLD) 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