|[December 20, 2013]
Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of The Jones Group Inc. Stockholders
NEW YORK --(Business Wire)--
Kirby McInerney LLP is investigating potential claims against the Board
of Directors of The Jones Group Inc. ("Jones Group" or the "Company")
(NYSE:JNY) concerning the proposed acquisition of the Company by
Sycamore Partners ("Sycamore"). Under the terms of the definitive merger
agreement, Jones Group stockholders will receive $15.00 in cash for each
share of Jones Group owned, valuing the transaction at approximately
$2.2 billion, including net debt.
The investigation concerns whether the Jones Group Board of Directors
violated its fiduciary duties by agreeing to the proposed transaction
and whether the $15.00 pe share proposed consideration adequately
values Jones Group's common stock.
If you are a Jones Group stockholder and wish to obtain additional
information, please contact J. Brandon Walker, Esq. by email at firstname.lastname@example.org,
by telephone at (212) 699-1145 or (888) 529-4787, or by filling
out this contact form. There is no cost or obligation to you.
Kirby McInerney LLP is a New York-based law firm concentrating in
securities, shareholder, whistleblower, antitrust and consumer
litigation. For additional information, please go to www.kmllp.com.
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