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SHAREHOLDER ALERT: Pomerantz LLP Investigates Claims That the Merger May Not Be in the Best Interest of Investors of Schawk, Inc. - SGK

NEW YORK, March 17, 2014 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Schawk, Inc. ("Schawk" or the "Company") (NYSE: SGK) (ISIN: US8063731066) (CUSIP:  806373106) concerning the proposed acquisition of Schawk by Matthews International Corporation ("Mathews").

Schawk shareholders seeking more information about this acquisition are advised to contact Robert Willoughby at [email protected] or 212-661-1100 or 888-476-6529, ext. 237.

The investigation concerns whether the Schawk directors are breaching their fiduciary duties by failing to adequately shop the Company and maximize shareholder value.  Under the terms of the transaction, Schawk stockholders will receive a combination of $11.80 in cash and 0.20582 shares of Matthews common stock for each outstanding share of Schawk owned. Based on Matthews' closing price of $39.84 per share on March 14, 2014, the stock portion of the consideration is valued at $8.20 per share.  However, the Price to Revenue multiple is below the averages of comparable transactions.   Additionally, certain members of the Schawk family, who collectively own approximately 61% of the common stock of Schawk, have agreed to vote in favor of the proposed merger.

Schawk shareholders seeking more information about this acquisition are advised to contact Robert Willoughby at [email protected] or 212-661-1100 or 888-476-6529, ext. 237.

Pomerantz LLP, with offices in New York, Chicago, Florida, and San Diego, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz LLP pioneered the field of securities class actions. Today, more than 75 years later, the Pomerantz LLP continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of defrauded investors. See www.pomerantzlaw.com.

CONTACT:
Robert Willoughby
Pomerantz LLP
212-661-1100 ext. 237
[email protected]

SOURCE Pomerantz LLP

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