newsfilter
← Latest News
Business Wire·

Attention BLC Shareholders: The Proposed Acquisition of Belo Corp by Gannett Company, Inc Under Investigation By The Young Law Firm

PHOENIXVILLE, Pa.--(BUSINESS WIRE)--The Young Law Firm, a leading national shareholder litigation firm, is investigating potential claims concerning the proposed buyout of Belo Corp by Gannett Company, Inc. The investigation concerns whether Belo’s Board of Directors has obtained fair value for the sale of the company and whether the Board has fulfilled its fiduciary duties to Belo’s shareholders in connection with the proposed sale.

Pursuant to the terms of the proposed transaction, shareholders of Belo Corp (NYSE: BLC) will receive $13.75 per share in cash. The proposed deal has an enterprise value of approximately $2.2 billion.

Individual shareholders have rights. The Young Law Firm is seeking active and engaged shareholders interested in ensuring that their rights are being protected. If you own shares of the company and would like to learn more about the buyout of Belo, please contact:

Henry Young Esq.
The Young Law Firm
Toll Free: (888) 452-7252
Email: contact@theyounglf.com
or visit: www.mergersbuyoutsandfraud.com/belo-corp-blc-merger-buyout-shareholder-lawsuit/

Henry Young Esq., the Firm’s founder, has over 10 years of experience litigating complex shareholder class action lawsuits, including cases resulting in the recovery of millions of dollars for shareholders. The Firm routinely works with and refers cases to other leading law firms around the country to enforce shareholder rights. For more information about the Firm and class action cases in general, please visit our website: www.theyounglf.com.

This press release may be considered attorney advertising. Past results do not guarantee future performance.