PACER INTERNATIONAL, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout
07 Gennaio 2014 - 11:57PM
Business Wire
Rigrodsky & Long, P.A.:
- Do you own shares of Pacer
International, Inc. (NASDAQ GS: PACR)?
- Did you purchase any of your shares
prior to January 6, 2014?
- Do you think the proposed buyout
price is too low?
- Do you want to discuss your
rights?
Rigrodsky & Long, P.A. announces that it is investigating
potential legal claims against the board of directors of Pacer
International, Inc. (“Pacer” or the “Company”) (NASDAQ GS: PACR)
regarding possible breaches of fiduciary duties and other
violations of law related to the Company’s entry into an agreement
to be acquired by XPO Logistics, Inc. (“XPO”) (NYSE: XPO), in a
transaction valued at approximately $335 million.
Click here to learn more:
http://www.rigrodskylong.com/investigations/pacer-international-inc-pacr.
Under the terms of the agreement, public shareholders of Pacer
will receive $6.00 in cash and $3.00 worth of XPO common stock for
each share of Pacer they own.
The investigation concerns whether Pacer’s board of directors
failed to adequately shop the Company and obtain the best possible
value for Pacer’s shareholders before entering into an agreement
with XPO. According to Yahoo! Finance, at least one analyst has
issued a price target for Pacer stock at $10.00 per share.
If you own the common stock of Pacer and purchased your shares
before January 6, 2014, 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.,
825 East Gate Boulevard, Suite 300, Garden City, New York 11530, by
telephone at (888) 969-4242; by e-mail to info@rl-legal.com, or at:
http://www.rigrodskylong.com/investigations/pacer-international-inc-pacr.
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.
Rigrodsky & Long, P.A.Seth D. RigrodskyGina M.
Serra888-969-4242516-683-3516Fax:
302-654-7530info@rl-legal.comhttp://www.rigrodskylong.com
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