NEW YORK, Dec. 18, 2017 /PRNewswire/ -- Tripp Levy
PLLC, a leading national securities and shareholder rights law
firm, announces that it is investigating the potential sale of
Snyder's-Lance Inc. (NASDAQ: LNCE)
("Snyder's-Lance" or the
"Company") on behalf of its shareholders. Snyder's-Lance announced that it has entered
into a definitive agreement to be acquired by Campbell Soup Company
in a cash deal valued at approximately $4.8
billion. Campbell
will acquire Snyder's-Lance for
$50 in cash per share.
Our investigation has determined that the offer price of only
$50 per share, unfairly under-values
the true going forward inherent value of Snyder's-Lance and that shareholders may not
be receiving the maximum value for their shares. The
investigation further seeks to determine whether Snyder's-Lance 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 Snyder's-Lance 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 at no cost, please contact us 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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SOURCE Tripp Levy PLLC