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Hana Files NI 43-101

Bull & Lifshitz, LLP Announces Investigation of the Acquisition of GLG Partners, Inc. by Man Group plc


//business-finance.news-articles.net/content/201 .. sition-of-glg-partners-inc-by-man-group-plc.html
Published in Business and Finance on Monday, May 24th 2010 at 13:55 GMT by Market Wire   Print publication without navigation


NEW YORK--([ BUSINESS WIRE ])--Bull & Lifshitz, LLP announces an investigation into possible breaches of fiduciary duty in connection with the proposed acquisition of GLG Partners, Inc. (NASDAQ: [ GLG ]) (referred to as "GLG" or the aCompanya) by Man Group plc (referred to as aMan Groupa) through two concurrent transactions: a cash merger under a merger agreement entered into among GLG, Man Group and a Man Group merger subsidiary; and a share exchange under an agreement entered into among Noam Gottesman, Pierre Lagrange and Emmanuel Roman, together with their related trusts and affiliated entities and two limited partnerships (aGLGa�s Principalsa) that hold shares for the benefit of key personnel who are participants in GLGa�s equity participation plan and Man Group. The transaction has an approximate value of $1.6 billion.

Under the merger agreement, GLG shareholders will receive $4.50 cash for each share of GLG stock they own. Under the share exchange agreement, GLG Principals will receive shares instead of cash at a rate of 1.0856 new Man Group shares for every GLG share. The share exchange is subject to a cap on the value of Man Group shares to be received of $4.25 per GLG share.

Bull & Lifshitz, LLP's investigation is focused on whether the proposed deal provides adequate value to the Companya�s shareholders.

If you are a holder of GLG stock and want to discuss your legal rights, you may e-mail or call Bull & Lifshitz, LLP who will, without obligation or cost to you, attempt to answer your questions.

If you are a shareholder of GLG and would like more information about our investigation, please contact Joshua M. Lifshitz, Esq. by telephone at (866) 313-6222 or by sending an e-mail including your contact information to: [ counsel@nyclasslaw.com ]. All e-mail correspondence should make reference to GLG.

Bull & Lifshitz, LLP is a New York City-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 visit our website at [ www.nyclasslaw.com ].

ATTORNEY ADVERTISING. � 2010 Bull & Lifshitz, LLP. The law firm responsible for this advertisement is Bull & Lifshitz, LLP, 18 East 41st Street, New York, New York 10017, (212) 213-6222. Prior results do not guarantee or predict a similar outcome with respect to any future matter.


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