CON-WAY INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout
15 Settembre 2015 - 12:16AM
Business Wire
Rigrodsky & Long, P.A.:
- Do you own shares of Con-way Inc.
(NYSE: CNW)?
- Did you purchase any of your shares
prior to September 9, 2015?
- 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 Con-way
Inc. (“Con-way” or the “Company”) (NYSE: CNW) 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 $3.0 billion.
Click here to learn more:
http://rigrodskylong.com/investigations/con-way-inc-cnw.
Under the terms of the agreement, shareholders of Con-way will
receive $47.60 per share in cash for each share of Con-way they
own.
The investigation concerns whether Con-way’s board of directors
failed to adequately shop the Company and obtain the best possible
value for Con-way’s shareholders before entering into an agreement
with XPO. According to Yahoo! Finance, at least one analyst has
issued a price target for Con-way stock at $59.00 per
share.
If you own the common stock of Con-way and purchased your shares
before September 9, 2015, 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://rigrodskylong.com/investigations/con-way-inc-cnw.
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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version on businesswire.com: http://www.businesswire.com/news/home/20150914006369/en/
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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