Legal Opinion
Dipple v. Odell
District Court, E.D. Pennsylvania
Decided May 2, 2012No. Civil Action No. 12-1415PublishedCited by 6 opinions
1Opinion of the Court
MEMORANDUM
YOHN, District Judge.
Plaintiffs have filed a motion to expedite discovery and defendants have filed a response thereto. For the reasons set forth below, I will deny plaintiffs’ motion.
I. Background
This case arises out of an offer by The Gores Group, LLC (“Gores”), a private-equity firm, to acquire all the outstanding shares of common stock of The Pep Boys — Manny, Moe & Jack (“Pep Boys” or the “Company”) for $15.00 per share, at a total enterprise value of approximately $1.0 billion (the “Proposed Transaction”). (Consolidated Compl. ¶ 2.) Following the announcement of the Proposed…
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3Cited by6 opinions
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