|  | | 2012 News and Press Releases | | |
HEADLINE NEWS:
Cost Plus Shareholders Can't Block $494M Buyout Offer
Natalie Rodriguez
Law360 - Securities. June 28, 2012
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EXCERPT: Cost Plus Inc. shareholders have lost a bid to block a tender offer connected to Bed Bath & Beyond Inc.'s $494 million purchase of the home furnishing company, a federal California judge ruled Wednesday in a putative shareholder class action. The decision to deny a motion for preliminary injunction came in as the Thursday expiration of the offer for $22 per share loomed, with the judge stating that the shareholder had failed to prove an injunction was necessary or that there had been vital information kept... |
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