NEW YORK, NY / ACCESSWIRE / July 12, 2017 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims of whether the board members of HSN, Inc. ("HSN" or the "Company") (NASDAQ: HSNI) breached their fiduciary duties. HSN investors are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/hsni.
On July 6, 2017, HSN announced that it had entered a merger agreement and would be acquired by Liberty Interactive Corporation ("Liberty Interactive") (QVCA, LVNTA) in a transaction valued at approximately $2.6 billion. Under the terms of the agreement, HSN shareholders will receive 1.65 shares of Series A QVC Group common stock for each share of HSN common stock.
The investigation focuses on whether the HSN board members failed to fulfill their duties to the shareholders and whether Liberty Interactive is underpaying for HSN.
If you are a shareholder of HSN and would like to learn more about this investigation, you can visit the firm's site: www.bgandg.com/hsni. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.
Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | info@bgandg.com
SOURCE: Bronstein, Gewirtz & Grossman, LLC
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