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Belo Corp (NYSE:BLC) Investor Files Lawsuit In Effort To Stop Takeover By Gannett Co., Inc.

  • If you purchased shares of Belo Corp (NYSE:BLC) prior to June 13, 2013, and currently hold any of those NYSE:BLC shares, you have certain options and you should contact the Shareholders Foundation, Inc.

  • To have your information reviewed for options and to receive notifications about this case, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.

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Lawsuit Overview

June 17, 2013 (Shareholders Foundation) - An investor, who currently holds NYSE:BLC shares, filed a lawsuit to stop the proposed takeover of Belo Corp by Gannett Co., Inc. for $13.75 per NYSE:BLC share. The plaintiff alleges that the defendants breached their fiduciary duties owed to NYSE:BLC stockholders by agreeing to sell Belo Corp too cheaply via an unfair process to Gannett Co....



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