Blyth Inc fka BTH

[qwertytrader]

Under the terms of the offer, Blyth shareholders will receive only $16.75 in cash for each share of Blyth stock they own. The investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Blyth for not acting in the Company's shareholders' best interests in connection with the sale process. The transaction may undervalue the Company as an analyst has set a price target of $40.00 per share for Blyth stock. In addition, the offer represents a loss for many long term holders of Blyth stock. Blyth stock traded at $19.68 per share as recently as April 10, 2013 and traded at $23.14 per share on November 1, 2012