Rigrodsky & Long, P.A. Continues Its Investigation of the Benihana Inc. Buyout
25 Maggio 2012 - 10:26PM
Business Wire
Rigrodsky & Long, P.A. announces that it is continuing its
investigation of potential claims against the board of directors of
Benihana Inc. (“Benihana” or the “Company”) (NASDAQ GS: BNHN)
regarding possible breaches of fiduciary duties and other
violations of law related to the Company’s entry into an agreement
to be acquired by Angelo, Gordon & Co. (“Angelo Gordon”) in a
transaction valued at approximately $296 million.
Click here to learn more:
http://www.rigrodskylong.com/investigations/benihana-inc-bnhn.
Under the terms of the buyout agreement, public shareholders of
Benihana will receive $16.30 per share in cash for each share of
Benihana they own. According to Yahoo! Finance, at least one
analyst has set a price target for Benihana stock at $17.30 per
share.
If you own the common stock of Benihana and purchased your
shares before May 22, 2012, 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
Peter Allocco at Rigrodsky & Long, P.A., 825 East Gate
Boulevard, Suite 300, Garden City, New York 11530 toll free at
(888) 969-4242, by e-mail to info@rigrodskylong.com, or at:
http://www.rigrodskylong.com/investigations/benihana-inc-bnhn.
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.
Attorney advertising. Prior results do not guarantee a similar
outcome.
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