Merisel, Inc. Has Received a Proposal to be Taken Private by Saints Capital Granite, L.P.

  • Do you own shares of Merisel, Inc. (Pink Sheets: MSEL.PK)?
  • Did you buy any shares before December 28, 2011?
  • Do you think that the proposed buyout price is too low?
  • Do you want to discuss your rights?

If the answer to these questions is "yes," please contact the deal lawyers at Rigrodsky & Long, P.A. ("R & L") today to schedule a FREE consultation. Just call us, or fill out our contact form so that we can call at your convenience. Your consultation will not create any obligation to use our services at any time.

Contact R & L today to be sure your best interests are being protected.

R & L is national law firm with decades of combined legal experience. R & L is investigating potential claims against the board of directors of Merisel, Inc. concerning possible breaches of fiduciary duty and other violations of law related to the Company’s receipt of a proposal to be acquired and taken private by its largest and controlling shareholder, Saints Capital Granite, L.P.

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Rigrodsky & Long, P.A. Investigates Merisel, Inc.'s Receipt of A Going Private Proposal for Shareholders

Rigrodsky & Long, P.A. announces that it is investigating potential claims against the board of directors of Merisel, Inc. (“Merisel” or the “Company”) (Pink Sheets: MSEL.PK) concerning possible breaches of fiduciary duty and other violations of law related to the Company’s receipt of a proposal from Saints Capital Granite, L.P. (“Saints Capital”), to acquire the remainder of the Company it does not already own for approximately $1.35 per share in cash (the “Proposal”).

The Proposal contemplates Saints Capital’s acquisition of all of the outstanding shares of common stock of Merisel for $1.35 per share in cash.  Saints Capital is Merisel’s largest and controlling shareholder.  It already owns approximately 63.9% of the Company’s outstanding shares.

The investigation concerns the board of directors’ process for consideration of the proposed transaction, whether Merisel is acting in its shareholders’ best interests and whether the proposed consideration to be paid to Merisel shareholders would be fair and adequate.

If you own the common stock of Merisel and purchased your shares before December 28, 2011, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Seth D. Rigrodsky, Esquire or Noah R. Wortman, Case Development Director, of Rigrodsky & Long, P.A., 919 N. Market Street, Suite 980, Wilmington, Delaware, 19801, by telephone at (888) 969-4242, or by e-mail to info@rigrodskylong.com.

Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly litigates securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, including claims for breach of fiduciary duty and proxy violations in the Delaware Court of Chancery and in state and federal courts throughout the United States.

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

R & L, with offices in Delaware and New York, litigates securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, including claims for breach of fiduciary duty and proxy violations in the Delaware Court of Chancery and in state and federal courts throughout the United States.

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

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