Harwood Feffer LLP Announces Investigation of Tumi Holdings, Inc.
Mar 8, 2016
NEW YORK, March 8, 2016 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Tumi Holdings, Inc. ("Tumi" or the "Company") (NYSE: TUMI) concerning the proposed acquisition of the Company by Samsonite International S.A. ("Samsonite").
Under the terms of the offer, Samsonite would acquire Tumi in transaction valued at approximately $1.8 billion. Tumi stockholders will receive $26.75 in cash per share owned.
Our investigation concerns whether the Tumi board of directors is fulfilling its fiduciary duties, maximizing the value of the Company, disclosing all material benefits and costs, and obtaining full and fair consideration for Company stockholders.
If you own Tumi shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:
Benjamin I. Sachs-Michaels, Esq.
Robert I. Harwood, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
(212)935-7400
Email: bsachsmichaels@hfesq.com
Website: http://www.hfesq.com
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Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.
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