NEW YORK, Oct. 26, 2017 /PRNewswire/ -- Tripp Levy
PLLC, a leading national securities and shareholder rights law
firm, announces that it is investigating the potential sale of
Inventure Foods, Inc. (NASDAQ: SNAK) ("Inventure" or the "Company")
on behalf of its shareholders. Inventure announced that it
has entered into a definitive agreement to be acquired by Utz
Quality Foods, LLC in a cash deal valued at approximately
$165 million. Utz will acquire
Inventure for $4.00 per share.
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Our investigation seeks to determine whether the offer price of
only $4.00 per share unfairly
under-values the true going forward inherent value of Inventure and
that shareholders may not be receiving the maximum value for their
shares. Indeed, the stock closed at $4.47 per share the day prior to the
announcement, and hit a high of $10.15 per share within the past year. The
investigation further seeks to determine whether Inventure's 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 Inventure 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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