MILWAUKEE, Nov. 28, 2017 /PRNewswire/ -- Ademi &
O'Reilly, LLP is investigating the Board of Directors of Buffalo
Wild Wings, Inc. (Nasdaq: BWLD) for possible breaches of fiduciary
duty and other violations of Minnesota law in connection with the sale of
BWW to ARG.
Click here to learn how to join the action:
http://ademilaw.com/case/bww or call Guri
Ademi toll-free at 866-264-3995. There is no cost or
obligation to you.
Ademi & O'Reilly, LLP alleges BWW's long-term financial
outlook is improving and yet BWW shareholders will receive
$157 for each BWW share. ARG is
well aware of BWW's improving financial metrics and is purchasing
BWW at a substantial discount. The merger agreement unreasonably
limits competing bids for BWW by (i) prohibiting solicitation of
any further bids, and (ii) imposing a termination penalty should
BWW receive and accept a superior bid. BWW insiders, their
affiliates and other major shareholders own significant voting
stock, and will receive millions of dollars as part of change of
control arrangements, and therefore can unduly influence a sale of
BWW. Our investigation centers on the conduct of BWW's Board of
Directors, who have unanimously approved the transaction, and
whether they are (i) fulfilling their fiduciary duties to all
shareholders, and (ii) obtaining a fair and reasonable price for
BWW given its current financial condition and prospects.
If you own common stock in BWW and wish to obtain additional
information, please contact Guri
Ademi either at gademi@ademilaw.com or toll-free:
866-264-3995, or http://ademilaw.com/case/bww.
We specialize in shareholder litigation involving buyouts,
mergers, and individual shareholder rights throughout the country.
For more information, please feel free to call us. Attorney
advertising. Prior results do not guarantee similar outcomes.
Contacts
Ademi & O'Reilly, LLP
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001
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