Published: March 15, 2010
Robbins Umeda LLP Announces an Investigation of the Acquisition of Sport Supply Group, Inc. by an affiliate of ONCAP Management Partners, L.P.
SAN DIEGO - (BUSINESS WIRE) - Robbins
Umeda LLP has commenced an investigation into possible breaches of
fiduciary duty and other violations of state law by members of the Board
of Directors of Sport Supply Group, Inc. ("Sport Supply Group")
(NASDAQ:RBI) in connection with their actions in causing Sport Supply
Group to enter into a definitive merger agreement with ONCAP Management
Partners, L.P., the mid-market private equity business of Onex
Corporation. If the transaction is approved, Sport Supply Group
shareholders will receive $13.55 in cash per share of Sport Supply Group
common stock they hold. The transaction is expected to close in the
second or third quarter of this year.
Robbins Umeda LLP's investigation concerns whether the acceptance and
recommendation of the offer by Sport Supply Group's Board of Directors
was the result of a fair process designed to secure the best possible
price for all shareholders of Sport Supply Group.
If you are a shareholder of Sport Supply Group, and would like more
information about your rights as a shareholder, please contact attorney
Lauren Levi at 800-350-6003 or by e-mail at llevi@robbinsumeda.com.
Robbins Umeda LLP is a California-based law firm with significant
experience representing investors in merger-related shareholder class
actions, shareholder derivative actions, and securities fraud class
actions. For more information about the firm, please go to http://www.robbinsumeda.com.
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Robbins Umeda LLP
Lauren Levi, 800-350-6003
llevi@robbinsumeda.com
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