NEW YORK, Sept. 19, 2017 /PRNewswire/ -- Tripp Levy
PLLC, a leading national securities and shareholder rights law
firm, announces that it is investigating the potential sale of Bob
Evans Farms, Inc. (NASDAQ: BOBE) ("Bob
Evans" or the "Company") on behalf of its
shareholders. Bob Evans
announced that it has entered into a definitive agreement to be
acquired by Post Holdings, Inc. in a cash deal valued at
approximately $1.5 billion.
Post Holdings will acquire Bob Evans
for $77.00 per share.
Our investigation has determined that the offer price of only
$77.00 per share, unfairly
under-values the true going forward inherent value of Bob Evans and that shareholders may not be
receiving the maximum value for their shares. Indeed, the stock hit
a high of $77.80 per share within the
past year. The investigation further seeks to determine
whether Bob Evans senior management
is entering into this deal for their own self-interests to the
detriment of the Company's shareholders.
If you are a shareholder of Bob
Evans and would like additional information as to how the
proposed acquisition may affect your rights as a shareholder, and
how you may be eligible to obtain a higher price for your shares,
please contact us at no cost at:
Tripp Levy PLLC
New York, New York
Toll free: 800-511-7037
International: 602-241-2841
Email: contact@tripplevy.com
www.tripplevy.com
Tripp Levy PLLC represents individual and institutional
shareholders in mergers and acquisitions transactions and has
assisted in the recovery of billions of dollars for shareholders in
securities actions around the globe.
Attorney advertising. Prior results do not indicate a
similar outcome.
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SOURCE Tripp Levy PLLC