Law Offices of Howard G. Smith Announces Investigation on Behalf of Shareholders of BWAY Holding Company

BENSALEM, Pa.--(BUSINESS WIRE)--

Law Offices of Howard G. Smith announces that it is investigating potential claims against the board of directors of BWAY Holding Company (“BWAY” or the “Company”) BWY related to the Company’s agreement to be acquired by Madison Dearborn Partners, LLC (“MDP”). The proposed transaction is valued at approximately $915 million, including assumed debt.

Under the terms of the agreement entered into by the parties, BWAY shareholders will receive $20.00 cash for each share of BWAY common stock they own. Upon completion of the merger, BWAY will become a private company, wholly owned by affiliates of MDP. The transaction is expected to close in the second or third quarter of 2010. The investigation concerns possible breaches of fiduciary duty and other violations of law related to approval of the transaction by BWAY’s board of directors.

If you own shares of BWAY Holding Company, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at http://www.howardsmithlaw.com.