Wolf Haldenstein Investigating American Italian Pasta Company Board
21 Giugno 2010 - 6:15PM
Business Wire
Attorney Advertising. The law firm of Wolf Haldenstein Adler
Freeman & Herz LLP is investigating possible breaches of
fiduciary duty by the Board of Directors of American Italian Pasta
Company (“AIPC” or the “Company”) [NASDAQ:AIPC] arising out of the
proposed acquisition of AIPC by Ralcorp Holdings, Inc.
(“Ralcorp”).
On Monday, June 21, 2010, Ralcorp and AIPC announced that
Ralcorp will acquire AIPC pursuant to an all cash tender offer.
Under the terms of the agreement, AIPC stockholders will receive
cash of $53 in exchange for each share of AIPC common stock.
However, the Company may not have adequately shopped itself before
entering into this transaction and, pursuant to this proposed
transaction, Ralcorp may be underpaying for AIPC, thus unlawfully
harming AIPC shareholders.
Wolf Haldenstein has been representing individual and
institutional investors for many years, serving as lead counsel in
numerous cases in U.S. federal and state courts. Please visit the
Wolf Haldenstein website (http://www.whafh.com) for more
information about the firm.
If you own AIPC common stock and you wish to discuss this matter
with us, or have any questions concerning your rights and interests
with regard to this matter, please contact:
Martin Restituyo or Derek BehnkeWolf Haldenstein Adler Freeman
& Herz LLP270 Madison AvenueNew York, New York 10016Phone
Numbers: (800) 575-0735(212) 545-4600
Email: bruckner@whafh.com
Classmember@whafh.com
Website: http://www.whafh.com
Attorney Advertising. Prior Results Do Not Guarantee A Similar
Outcome.
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