Law office of Brodsky & Smith, LLC announces that it is investigating
potential claims against the Board of Directors of Dreams, Inc.
(“Dreams” or the “Company”) (NYSE Amex: DRJ) relating to the proposed
acquisition by Fanatics, Inc. (“Fanatics”).
Under the terms of the transaction, Dreams shareholders would receive
only $3.45 in cash for each share of Dreams stock they own. The
investigation concerns possible breaches of fiduciary duty and other
violations of state law by the Board of Directors of Dreams for not
acting in the Company’s shareholders' best interests in connection with
the sale process to Fanatics. The transaction may undervalue Dreams as
the transaction would pay Dreams shareholders only a slight premium
above the $3.00 per share Dreams stock traded on March 26, 2012. In
addition, an analyst has set a price target on Dreams stock at $5.00 per
share.
If you own shares of Dreams stock and wish to discuss the legal
ramifications of the proposed transaction, or have any questions, you
may e-mail or call the law office of Brodsky & Smith, LLC who will,
without obligation or cost to you, attempt to answer your questions. You
may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at
Brodsky & Smith, LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004,
by e-mail at investorrelations@brodsky-smith.com,
visiting http://brodsky-smith.com/409-drj-dreams-inc.html,
or by calling toll free 877-LEGAL-90.
