NYSE
PPO

Polypore International, Inc.

Shareholder Corporation Litigation

Rigrodsky & Long, P.A. Announces Investigation Of Polypore International, Inc. (NYSE: PPO) Buyout

Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Polypore International, Inc. (“Polypore” or the “Company”) (NYSE: PPO) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by Asahi Kasei Corporation (“Asahi Kasei”), in a transaction valued at approximately $2.2 billion.

Under the terms of the agreement, public shareholders of Polypore would receive $60.50 in cash for each share of Polypore they own.  Immediately prior to Asahi Kasei's acquisition of Polypore, 3M Company, will acquire the assets of Polypore's Separations Media segment for approximately $1.0 billion and Asahi Kasei will receive the cash proceeds from the asset sale.

The investigation concerns whether Polypore’s board of directors failed to adequately shop the Company and obtain the best possible value for Polypore’s shareholders before entering into an agreement with Asahi Kasei.  According to Yahoo! Finance, at least one analyst has issued a price target for Polypore stock at $62.00 per share.

If you own the common stock of Polypore and purchased your shares before February 23, 2015, 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 Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 2 Righter Parkway, Suite 120, Wilmington, DE 19803, by telephone at (888) 969-4242; by e-mail to info@rl-legal.com.

Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, on behalf of shareholders in states and federal courts throughout the United States.

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