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Levi & Korsinsky LLP (“L&K”) is investigating the Board of Directors of Tween Brands Inc. (“Tween Brands” or the “Company”) (NYSE: TWB) for possible breaches of fiduciary duty and other violations [ClickPress, Fri Jun 26 2009] Levi & Korsinsky LLP (“L&K”) is investigating the Board of Directors of Tween Brands Inc. (“Tween Brands” or the “Company”) (NYSE: TWB) for possible breaches of fiduciary duty and other violations of state law in connection with their attempt to sell the Company to Dress Barn Inc. ("Dress Barn") (NasdaqGS: DBRN). Under the terms of the agreement, shareholders of Tween Brands will receive 0.47 shares of Dress Barn stock for each share of Tween Brands they own. Based on Dress Barn's June 24, 2009 closing stock price of $13.24, the agreement values Tween Brands shares at $6.22 per share. The price appears... [read full story]
A suburban street in the heart of Essex and a dozen women are gearing themselves up for a night of fun. That is an 11 per cent increase in the past three weeks and 30 per cent in the year. While no one is expecting to be paid...
Nick Cohen suggests that Nacro, the crime reduction charity, no longer criticises government policy because it "has become dependent on the state" (" How the government buys the silence of charities ", Comment). He argues that...
