THE PANTRY, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout
31 Dicembre 2014 - 4:48PM
Business Wire
Rigrodsky & Long, P.A.:
- Do you own shares of The Pantry,
Inc. (NASDAQ GS: PTRY)?
- Did you purchase any of your shares
prior to December 18, 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 The
Pantry, Inc. (“The Pantry” or the “Company”) (NASDAQ GS: PTRY)
regarding possible breaches of fiduciary duties and other
violations of law related to the Company’s entry into an agreement
to be acquired by Alimentation Couche-Tard Inc. (“Couche-Tard”), in
a transaction valued at approximately $1.7 billion.
Click here to learn more:
http://www.rigrodskylong.com/investigations/the-pantry-inc-ptry.
Under the terms of the agreement, public shareholders of The
Pantry would receive $36.75 in cash for each share of The Pantry
they own.
The investigation concerns whether The Pantry’s board of
directors failed to adequately shop the Company and obtain the best
possible value for The Pantry’s shareholders before entering into
an agreement with Couche-Tard. According to Yahoo! Finance, at
least one analyst has issued a price target for The Pantry stock at
$37.00 per share.
If you own the common stock of The Pantry and purchased your
shares before December 18, 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., 2 Righter Parkway, Suite 120, Wilmington, DE 19803, by
telephone at (888) 969-4242; by e-mail to info@rl-legal.com, or at:
http://www.rigrodskylong.com/investigations/the-pantry-inc-ptry.
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.
Serra888-969-4242302-295-5310Fax:
302-654-7530info@rl-legal.comhttp://www.rigrodskylong.com
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