The Rosen Law Firm, P.A. Announces Investigation of Civil Claims on Behalf of Shareholders of Bankrate, Inc.
NEW YORK, July 31, 2009 (GLOBE NEWSWIRE) -- The Rosen Law Firm, P.A. announces that it is investigating potential civil claims against the board of directors of Bankrate, Inc. ("Bankrate" or the "Company") (Nasdaq:RATE), concerning possible breaches of fiduciary duty and other violations of law related to the Company's entry into an agreement to be acquired and taken private by funds advised by Apax Partners ("Apax"), a private equity firm, in a transaction valued at approximately $571 million.Filed by admin at July 31st, 2009 under News