Morgan & Morgan Announces the Investigation of Multimedia Games Holding Company, Inc. -- MGAM

NEW YORK, Sept. 9, 2014 /PRNewswire/ -- Morgan & Morgan announces that it is investigating potential legal claims against the board of directors of Multimedia Games Holding Company, Inc. ("Multimedia Games" or the "Company") (Nasdaq: MGAM) in connection with the sale of the Company to Global Cash Access Holdings, Inc. ("Global Cash Access"). 

If you purchased Multimedia Games, and want more information about the Multimedia Games takeover lawsuit, please contact Morgan & Morgan at 1(800) 732-5200 or email [email protected].

Under the terms of the proposal, public shareholders of Multimedia Games will receive $36.50 per share in cash for each share of the Company's stock they own.  The deal is valued at approximately $1.2 billion.

Analysts from both Yahoo Finance and the Wall Street Journal have set price targets higher than the proposed transaction price of $36.50.  Moreover, Multimedia Games has had a 52-week high of $39.12.

Morgan & Morgan's investigation concerns whether the board of directors of Multimedia Games breached its fiduciary duties. 

Morgan & Morgan is one of the nation's largest 200 law firms. In addition to securities fraud, the firm also practices in the areas of antitrust, personal injury, consumer protection, overtime, and product liability.  All of the Firm's legal endeavors are rooted in its core mission: provide investor and consumer protection and always fight "for the people." 

Attorney advertising. Prior results do not guarantee a similar outcome.

Contact:
Morgan & Morgan
Peter Safirstein, Esq.
28 West 44^th Street
Suite 2001
New York, NY  10036
1-800-732-5200
[email protected]

SOURCE Morgan & Morgan

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