Case Details for "Cavalier Homes, Inc. "

Investigation of Cavalier Homes, Inc. Merger

Lawyers are investigating potential shareholder claims arising from the proposed acquisition of Cavalier Homes, Inc. ("Cavalier Homes" or the "Company") (AMEX:CAV) by Southern Energy Homes. Under the terms of the merger agreement, Cavalier Homes shareholders will receive $2.75 per share, valuing the deal at approximately $48 million.

The investigation is focused on the potential unfairness of the merger price and of the process by which the Cavalier Homes Board of Directors approved the agreement.

Posted on:06/23/2009
Company: Cavalier Homes, Inc.
Affected Class: Current shareholders of Cavalier Homes, Inc.
Scope: Nationwide

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